New Study Details What Each State Gains to Make if U.S. Legalizes Recreational Cannabis

A new study released by the financial group Nerd Wallet has detailed what each of the 50 U.S. states gain tomarijuanamoney make if the nation legalizes the sales of recreational cannabis.

According to the study; “The U.S. stands to gain, according to our calculations, $3,098,866,907 in state and local taxes per year — that’s more than twice the entire budget of the Small Business Administration in 2013. California could gain the most from taxes on sales of marijuana. The state stands to take in $519,287,052, which almost covers the 2013 budget for the California Department of Parks and Recreation.”

Read moreNew Study Details What Each State Gains to Make if U.S. Legalizes Recreational Cannabis