New Frontier Data, which claims to be “the authority in data analytics and business intelligence on the global cannabis industry”, today announced new economic data detailing the potential impact of federal cannabis legalization in the United States. The federal legalization of medical and adult-use cannabis would create $86 billion in additional U.S. tax revenue between 2019 …
According to a new report by New Frontier Data, titled Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2018 Edition, the U.S. could generate billions of dollars and a lot of new jobs if they legalize marijuana. The report, released today, “examines what full adult use legalization of cannabis could generate in federal tax revenue and …
95% of the U.S. population currently lives in a state with some form of legal access to marijuana, yet the substance remains illegal on the federal level for all uses. “While the cannabis industry has been anxious to gain more clarity into how President Trump’s Administration is going to treat the legal cannabis market in …
