Arizona Cannabis Taxes Near $100 Million in 2026, Matching Last Year Despite Prices Falling Over 50%
- Arizona collected $23,558,820 in cannabis taxes in April 2026, bringing the total for the first four months to $97,367,901.
- The 2026 tax revenue so far is nearly the same as the $97,588,798 collected during the first four months of 2025, showing just a 0.2% difference.
- Despite marijuana prices dropping by more than 50% to an average of $5.62 per gram, overall tax collections have remained strong and stable.
- Since legal adult-use sales began in January 2021, Arizona has accumulated over $1.4 billion in total marijuana tax revenue, with monthly collections typically between $20 million and $25 million.
Arizona garnered $23,558,820 in cannabis taxes in April, bringing the state’s 2026 total to $97,367,901 through the first four months of the year.
The total is nearly identical to the $97,588,798 collected during the same period in 2025, a difference of just $220,897, or about 0.2%, according to data from the Arizona Department of Revenue.
The strong tax haul comes despite a steep decline in marijuana prices. Dried flower in Arizona now averages $5.62 per gram, according to the research firm Headset, down by more than 50% from previous levels, showing that lower prices have not led to a notable drop in overall tax collections.
April’s total included $1,026,587 in medical marijuana transaction privilege tax collections, $8,035,276 in adult-use marijuana transaction privilege tax collections and $14,496,956 in marijuana excise tax collections.
Since the launch of legal adult-use sales, Arizona has now garnered $1,416,788,222 in total marijuana tax collections.
Arizona voters approved adult-use marijuana legalization in 2020, with the first licensed recreational sales beginning in January 2021. The market has remained one of the more consistent in the nation for tax revenue, with monthly collections frequently landing in the $20 million to $25 million range even as prices have continued to fall.