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Cannabis Generating More Tax Dollars Than Liquor

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On November 11, the multi-state cannabis operator CEO Ben Kovler of Green Thumb joined Yahoo Finance to discuss Green Thumb’s Q3 earnings. Green Thumb’s sales increased so far by 11.86% in the third quarter of 2021. Ben said Green Thumb’s Q3 growth resulted from an increase in the demand for cannabis in weed-legal states. He also remarked that cannabis-legal states generated more cannabis tax revenue compared to liquor sales this year. 

Ben predicts that more states will legalize cannabis in the future, and he has  plans to expand his business in more U.S. states when the opportunity arises.

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