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legal cannabis sales figuresCannabis Industry Data
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78% Informative
Ohio officials are predicting that the state’s eventual adult-use cannabis market will generate over $200 million in tax revenue.
Recreational marijuana products will be taxed 5.75% in state sales tax, and an additional 10% excise tax.
The revenue is earmarked for 4 funds: - 36% of the funds will go towards cannabis social equity and jobs fund.
The U.S. adult use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 .
VR Score
73
Informative language
71
Neutral language
26
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
4
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