Tag: washington legal marijuana

Washington’s Liquor and Cannabis Board’s Slow Data Reporting Leaves Status of State’s Marijuana Market Unknown

Reporting on Washington State’s legal marijuana market is slow-going, with data released by the Liquor and Cannabis Board being months behind other states. Washington’s Liquor and Cannabis Board, which oversees the state’s legal marijuana industry, operates a neat and fairly comprehensive Marijuana Dashboard which has detailed statistical information regarding marijuana sales, licensing and production. The …

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WA: Over $140 Million in Legal Marijuana Sold in October, Setting New Monthly Sales Record

In Washington State there was $142,045,620.27 worth of legal marijuana and marijuana products sold in October, easily breaking the previous monthly record set in August ($133 million). The over $140 million in legal cannabis sold in October resulted in nearly $30 million in taxes for the state. So far for fiscal year (FY) 2018, which began …

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Over $1.3 Billion in Legal Marijuana Sold in Washington in FY 2017

In fiscal year 2017, there was over $1.3 billion in legal marijuana sold in Washington State. In total there was $1,371,882,585.79 in legal marijuana sold in Washington State in fiscal year 2017, which began on July 1st, 2016, and ended on June 30th, 2017. The state garnered $314,838,969.21 in taxes from these sales. All of this is …

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Washington Attorney General Vows to Use “Every Tool at His Disposal” if Trump Attacks Legal Marijuana

Washington Attorney General Bob Ferguson says he will do everything he can to defend the state’s legal marijuana system. “Attorney General Bob Ferguson has vowed to use every tool at his disposal to ensure that the federal government does not undermine Washington’s successful, unified system for regulating recreational and medical marijuana”, his Communication Director Peter …

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$139.6 Million in Legal Cannabis Sold in Washington in September, $26 Million in Taxes Garnered

There was $139,621,291 in legal cannabis sold in Washington State in the month of September. This represents a roughly $10 million increase from sales in August, which at the time set the record for the highest amount of legal cannabis sold in a state in a given month. The nearly $140 million in legal cannabis …

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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 …

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