Marijuana Tax Revenue May Top $3 Billion a Year With Legalization

Money may not grow on trees, but it apparently does grow on marijuana plants. If all 50 states legalized cannabis today, they’d be collectively raking in more than $3 billion a year in tax revenue. That’s according to NerdWallet, a personal finance site, which forecasts a total $3.1 billion annual windfall for state governments that legalize the popular plant.