Over $1.2 Million in Recreational Cannabis Sold Each Day in Washington State
According to the LCB (which will be renamed the Liquor and Cannabis Board on July 24th), there are 161 licensed recreational cannabis outlets throughout Washington State, with 142 reporting sales. On average, there is $1,243,926 in recreational cannabis sold each day, which results in roughly $311,000 in daily tax revenue. In total, there has been $205,917,611 in cannabis sold since legal sales began July 1st of 2014. This has resulted in $51,479,403 in taxes for the state.
According to the LCB, there has been 51,899 pounds of cannabis harvested for recreational sales in 2015, and over 1,600 grams of extracts produced.
You can find further statistics on legal cannabis sales in Washington, including a new daily tacker, by clicking here.