How States Are Spending Their Marijuana Revenue
So far it looks like 2016 will be a great year for America's marijuana enthusiasts.
This November, 12 states will vote on new marijuana legislation. Six states, including California and Massachusetts, are considering recreational use while six others, including Florida and North Dakota, are considering medical marijuana initiatives.
The handful of states that already legalized marijuana have seen a subsequent boom in tax revenue, resulting in programs largely benefiting children and sick people.
Here’s how states that have already legalized marijuana are spending their revenue.
In Colorado, like many states reaping marijuana tax revenue, the bulk of it is actually spent preventing broader addiction issues through educational programs, substance abuse treatments and law enforcement training. According to the Colorado Legislative Council, these funds also bolster jail-based...
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