California Just Reduced Its Marijuana Tax Revenue Estimates

Over the past 22 years, the green rush has engulfed North America. In 2001, Canada legalized medical marijuana, and it's fully expected to become the first developed country in the world to OK the sale of adult-use recreational cannabisby this summer. In June 2017, Mexico legalized medical cannabis.

And between 1996 and 2018, 29 states in the U.S. have passed legislation allowing for medical marijuana to be prescribed by physicians, with nine other states allowing the use of recreational pot by adults ages 21 and up. It's been quite the shift in a relatively short amount of time.