Maryland’s burgeoning adult-use cannabis market continues to be a lucrative source of tax revenue, with the latest figures indicating that the state has raked in over $18 million from April to June 2025. As reported by TheBayNet, the Maryland Office of the Comptroller announced that significant funds were collected before the tax rate on cannabis sales was to increase to 12% starting July 1, as part of the Budget Reconciliation and Financing Act of 2025.
The state’s tax revenue collected from cannabis is allocated to various initiatives, with the Community Reinvestment and Repair Fund (CRRF) designed to quickly begin to address communities disproportionately impacted by the enforcement of cannabis prohibition. According to CBS News Baltimore, the CRRF received $3 million in the third quarter, contributing to initiatives aimed at repairing the harm caused in areas where cannabis bans had a more considerable effect.
Allocation of funds doesn’t stop there. Maryland counties and municipalities received a sum of $429,085 each to support local strategies and develop initiatives regarding the cannabis industry’s growth and management. The Cannabis Public Health Fund and the Cannabis Business Assistance Fund each garnered the same amount, with a focus on public health and aiding small and minority-owned cannabis businesses, as detailed by data from the Comptroller’s Office…