Projected Marijuana Tax Revenues, by State

Fans of the funny green leaf have long stated that if it was adopted by the US and taxed like cigarettes or alcohol, the revenues would be immense and crime would be reduced.  But, just how much revenue would there be?  A new infographic at sloshspot compiled the data and has a nice infographic.

Love it or hate it, people smoke marijuana – lots of it. In some states marijuana consumption and posession have been decriminalized, and even legalized for medicinal purposes. But, have you ever wondered how large the economics of Marijuana were? Us too. As a result ,have decided to put together this graphic, which illustrates the popularity of marijuana consumption, the federal tax dollars spent to keep marijuana illegal, and the possible tax revenues that could be generated if marijuana production were legalized and taxed like any other agricultural product. It is especially interesting, with regards to the Great Recession:

The information is collected from various government agencies and NORML.org.

via If Marijuana Production Were Legal: Projected Tax Revenues, by State | Sloshspot Blog.

This story written by Randall Hand

Randall Hand is a visualization scientist working for a federal research lab, aiding researchers to discover the insights buried within their terabyte datasets generated on some of the most powerful supercomputers in the world. He also runs VizWorld.com .