Tag: legal marijuana

WA: Legal Marijuana Industry Accounts for Over 6,200 Full-Time Jobs

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 …

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Washington State Garnering Nearly $1 Million in Daily Taxes from Legal Marijuana Sales

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, …

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Every State Could Have Legal Marijuana by 2021

2021

By Todd Campbell, The Motley Fool Marijuana laws are winning support across the United States, and that’s got industry watchers predicting that every state may pass marijuana laws over the next five years. The market for medical marijuana and recreational marijuana is growing rapidly, as lawmakers in more states pass legislation legalizing it. Already, 28 …

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Daily Marijuana Sales Reach $4.6 Million in Washington State, New High

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. …

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Over $1.4 Billion in Legal Marijuana Sold in Washington State in 2016

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 …

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Legal Cannabis Sales to be Occurring in Nearly 10% of Country by Year’s End

Legal Cannabis Sales

Today Alaska officials gave approval to the state’s first-ever legal cannabis retail outlet. They plan to approve numerous more in the coming days, with most expected to be open by the end of the year. Cannabis is already currently being grown as cultivation licenses (along with licenses for testing labs) were OKed in June. Once …

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Uruguay Cannabis Sales Begin in Just a Few Weeks, to be Sold in Pharmacies

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 …

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Colorado: $112 Million of Legal Cannabis Sold in June

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, …

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WA: Over 5.3 Million Pounds of Legal Cannabis Sold in July

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 …

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