Medical Marijuana Revenue in the United States

As of 2012, the medical marijuana industry in the United States was generating $1.7 Billion  a year.

In the state of Colorado, the medical marijuana industry is worth $300 Million a year. With the state legalizing recreational sales of the drug in November 2012, an increase of $60 Billion in state and local taxes in expected to increase.

(See marijuana prices worldwide.)

Source:¬† Michelle Castillo, “Legal marijuana may lead to booming business in Colo.,” CBS News, November 9, 2012.