Democrats on the congressional Joint Economic Committee published a report on Tuesday highlighting the “economic benefits of legalized cannabis at the state and national levels.”
Titled, “The National Cannabis Economy,” the report finds that the marijuana industry brought in more than $8 billion in sales in 2017, with sales estimated to reach $11 billion this year and expected to soar to $23 billion by 2022.
“The growth of the cannabis economy presents opportunities for greater job creation, more tax revenue, and better patient care,” the report concludes after summarizing the banking and tax fairness issues that current federal policy causes for state-legal marijuana businesses.
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Tom Angell ~ MarijuanaMoment.net ~
