Cannabis Jobs, Growth, and Tax Revenue After the Trump Tax Reform
March 4, 2018Cannabis Jobs, Growth, and Tax Revenue After the Trump Tax Reform
March 12, 2018Cannabis Jobs, Growth, and Tax Revenue After the Trump Tax Reform
March 4, 2018Cannabis Jobs, Growth, and Tax Revenue After the Trump Tax Reform
March 12, 2018
- As retail revenue continues to grow in legal cannabis, so will jobs, business opportunities, payroll and of course tax revenue produced for the federal government.
- Total federal tax revenue is estimated $2.9 billion for 2017.
- Tax revenue is expected to grow consistently reaching $6.7 billion by 2025.
- Roughly 200,000 jobs exist in today’s legal cannabis market.
- By 2025, projections anticipate 630,000 industry-specific jobs.
- US federal government stand to make an estimated 44 billion dollars between 2017 and 2025.
