Tag: washington cannabis sales

WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

There was $142,045,630 in legal marijuana and marijuana products sold in Washington in October, according to data released by the state’s Liquor and Cannabis Board. The $142 million in marijuana sold in October marks a single-month record, besting the previous high of $133.5 million in August. The state garnered nearly $30 million in taxes from …

Continue reading

Over $1.28 Billion in Legal Cannabis Sold in Washington State this Year

There has been nearly $1.3 billion in legal cannabis sold in Washington state so far this year. This is according to new data released by Washington’s Liquor and Cannabis Board. From January 1st of this year, to the end of November, there was $1,285,567,300 worth of legal cannabis sold. With a full month still remaining, …

Continue reading

For First Time Legal Cannabis Sales in Washington are Equal to Cannabis Sales in Colorado

Up to this point, legal cannabis sales have been considerably higher in Colorado than Washington State, due in no small part to the fact that sales began in Colorado roughly six months earlier. However, that has changed, as there was almost an equal amount of cannabis sold in the two states in July. According to …

Continue reading

WA: Average Price of Legal Cannabis Drops to $10 a Gram

The price of legal recreational cannabis in Washington State has dropped to an average of $10 a gram, down from $25 – $30 a gram when sales first began in 2014. This is according to the state’s Liquor and Cannabis Control Board. The drop in price is attributed to two factors; an increase in the …

Continue reading

New Study Shows Which Washington Counties Purchase the Most Cannabis Per Capita

A new study conducted by the Washington State Institute for Public Policy has found that Klickitat County has the highest rate of per capita recreational cannabis sales, averaging $65.80 of cannabis sold for every one person since legal sales began in July, 2014. According to the study, Clark County was second with $56.93 sold per …

Continue reading

Washington Governor Signs Bill Eliminating Three-Tier Tax Structure on Recreational Cannabis

Washington State Governor Jay Inslee has signed into law a measure that eliminates the state’s three-tier tax structure on recreational cannabis in favor of a single excise tax. Under current law, recreational cannabis is taxed at three different levels, 25% at each level. Under House Bill 2136, most of which takes effect tomorrow, this system …

Continue reading

Washington Legislature Passes Recreational Cannabis Reform Bill, Governor Inslee Expected to Sign

Washington’s Senate on Saturday voted 36 to 7 to approve legislation that would make changes to the state’s recreational cannabis market, including removing the three-tier tax structure in favor of a single excise tax. The vote came a day after the House of Representatives passed the measure with a 59 to 38 vote. It now …

Continue reading

Washington House Passes Bill to Eliminate Three-Tier Tax Structure on Recreational Cannabis

Washington’s House of Representatives voted on Friday to pass House Bill 2136, a proposal to make several changes to the state’s recreational cannabis market, including eliminating the three-tier tax structure. The vote was 59 to 38. Under current law, recreational cannabis is taxed at three different levels, 25% on the producer, 25% on the processor …

Continue reading