Arizona Revenue: Pot or Booze for the win?

What is happening? Arizona cannabis revenue in 2021 was $105 million while its alcohol revenue was $92 million.

Why is this important? In some localities the combined taxes on cannabis are 26%. However, medical marijuana users are exempt from the 16 percent “sin tax” 

How will this be important? California is lowering some cannabis taxes as it was noted that if the taxes are too high the illegal sales increase.

Phoenix New Times | Study: Pot Draws More Than Booze in 2021 Tax Revenue for Arizona