Tag Archives: Hemp vs tobacco tax revenue

Hemp Tax Revenue by State: How It Compares to Alcohol and Tobacco

Hemp Tax Revenue by State: How It Compares to Alcohol and Tobacco

As hemp legalization spreads across the U.S., the tax revenue generated by legal hemp sales has become a significant source of income for many states. In fact, some states are already reporting that hemp tax revenue rivals, or even exceeds, that of alcohol and tobacco. This shift in tax revenue distribution highlights the growing popularity […]