Tag: washington marijuana sales

Washington’s Liquor and Cannabis Board’s Slow Data Reporting Leaves State’s Current Marijuana Market Unknowable

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 $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 …

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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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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, …

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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 …

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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 …

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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 …

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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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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 …

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Washington State Garners $16 Million in Taxes from Legal Cannabis in 2014

With less than 100 stores operating throughout the state, and despite sales not taking starting until July, Washington State garnered over $16 million in excise taxes from over $64 million in cannabis sold in 2014, according to recent figures released by the state’s Liquor Control Board. In total, 99 cannabis retail outlets have been licensed …

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