Tag: Washington state cannabis taxes

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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Report: Washington to Garner Over $694 Million in Taxes from Legal Cannabis by 2019

Washington State is set to bring in over $694 million in taxes from legal recreational cannabis sales by the middle of 2019, according to a new report released by the Economic and Revenue Forecast Council. The number is up from the Council’s September prediction of $636 million. The report shows that the state is expected …

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