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Published New York, United StatesUpdated

Cannabis Tax Revenues Fuel Universal Basic Income Initiatives in U.S. Cities - Merry Jane

Summary by MERRY JANE
Several U.S. cities are pioneering the use of cannabis tax revenues to fund Universal Basic Income (UBI) programs, aiming to address economic disparities and support communities historically affected by cannabis criminalization.Albuquerque’s Groundbreaking UBI ProgramAlbuquerque, New Mexico, has launched a notable initiative by allocating $4.02 million annually from cannabis tax revenues to support a UBI program. Half of this funding is directed…

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MERRY JANE broke the news in on Tuesday, May 20, 2025.
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