The legal marijuana industry in Washington employs thousands in full-time positions, according to a new report. The report, released by the Washington State Institute for Public Policy (WSIPP), found that at the end of 2016 the legal marijuana industry accounted for the equivalent of 6,227 full-time jobs. With the industry continuing to grow at a …
Washington State’s legal marijuana market continues to grow, with daily marijuana sales surpassing $4.8 million. The daily average of $4.82 million in legal marijuana sales – a new high – garners the state roughly $910,000 in daily taxes. This is according to data collected by the state’s Liquor and Cannabis Board. According to the board, …
Legal marijuana sales continue to surge in Washington State. In fiscal year (FY) 2017, which began on July 1st, there has been $1,142,722,905 in legal marijuana sold. This has already surpassed the total for FY 2016 ($972,729,675), even though there is over three months left in FY 2017. The over $1.1 billion in legal marijuana …
There is now over $4.6 million in legal marijuana sold each day in Washington State. The daily average of $4,611,558 worth of marijuana sold results in over $800,000 in daily tax revenue for the state. This comes out to a monthly average of $138 million in marijuana sold, and over $25 million in taxes garnered. …
There was over $1.4 billion in legal marijuana sold in Washington State in 2016; this is according to data released by the Liquor and Cannabis Board. In total there was approximately $1.41 billion in legal marijuana sold between January 1st and December 31st of last year. This resulted in over $260 million in taxes for …
In just a few weeks dozens of pharmacies across Uruguay will be legally distributing cannabis to those 18 and older as part of new policy passed by lawmakers in 2013. According to National Drugs Board Chairman Juan Andres Roballo, there are roughly 50 pharmacies registered to distribute the plant throughout the country, and around 20 …
There was $112 million of legal cannabis sold in Colorado in the month of June, an over 30% increase from June of 2015. Of the $112 million of cannabis sold, $74 million was from recreational cannabis outlets, and $38 million was from medical cannabis dispensaries. The recreational sales mark a 47% increase from last year, …
In July alone there was 5.3 million pounds of legal cannabis sold in Washington State, according to data released by the Liquor and Cannabis Board. These sales resulted in roughly $20 million in taxes. In addition to the 5.3 million pounds of “usable” cannabis sold, there was 485,000 units of cannabis extracts sold, 285,000 units …
In states where cannabis is legal, the market has unsurprisingly thrived, with huge amounts of revenue – and taxes – rolling in. Now, a new report shows that on average, legal cannabis businesses in the U.S. produce an annual revenue per square foot that’s higher than Whole Foods, one of the nations most profitable grocers. …
In Washington State, cannabis is big business. Despite the state having a system that puts arbitrarily low caps on the number of cannabis businesses allowed, we recently reported that there is $2.3 million in legal recreational cannabis sold each day, according to the Liquor and Cannabis Control Board. Further data from the Board, however, paints …
