CNBC Videos: High Taxes and How Legalizing Cannabis Could Boost the Economy

‘High’ taxes

THU 15 AUG 13 | 01:55 PM ET

Washington will tax cannabis anywhere from 25-50 percent at the production and processor level, another 25 percent at retail. CNBC’s Jane Wells reports Washington says it could raise up to $2 billion in cannabis taxes over 5 years.

How legalizing cannabis could boost the economy

TUE 13 AUG 13 | 11:40 AM ET

Doug Fine, author of ‘Too High to Fail’, explains the benefits to the economy that legalizing cannabis in the U.S. would have.

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