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 …
Washington has garnered over $300 million in taxes from legal marijuana sales in fiscal year 2017. This is according to data from the Washington State Liquor and Cannabis Board (WSLCB). In total the state has earned $304,968,332 in fiscal year 2017, which began on July 1, 2016 and ended on June 30. These taxes come …
Today the Washington State Liquor Control Board (WSLCB) released its official recommendations on regulating medical cannabis in the state. Tasked with regulating the upcoming recreational cannabis market brought forth by passage of Initiative 502 last year, the WSLCB was directed through a provision in the state’s budget to work with the state’s Department of Revenue …
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