California Would Take The Most In Taxes From Legal Marijuana

CALIFORNIA:  Economic forecasters note that if all 50 US states legalized Marijuana this year, collectively the government/s would  be taking  more than $3-B a year in taxes.

That according to NerdWallet (NW) a finance consultant that forecast a total $3.1-B annual take for state governments that legalize Marijuana.

California would take the most from legalization.

NerdWallet projects California would generate more than $519-M per year, NW points out that the amount is nearly enough to fund the Y 2013 budget for California’s Department of Parks and Recreation.

 

Read full article @ Live Trading News