Just over two years after commercial cannabis sales became legal in California, the state has collected more than $1 billion in taxes from commercial marijuana activity.

The total includes $498.1 million in cannabis excise taxes, $123.4 million in cultivation taxes, and $403.1 million in state sales tax. Most of the money, after regulatory costs, has gone to fund cannabis research, public safety grants, cleaning up environmental damage from illegal pot grows, and social programs including childcare for low-income families.

See the original article at High Times