WA: Legal Cannabis Sales Surpass $140 Million in October, New Record
Washington State has once again broken a record for legal cannabis sales.
In October there was $141,031,391 worth of legal cannabis sold in Washington. This surpasses the previous record set last month, when roughly $139 million was sold. For comparison sake, there was $126 million in legal cannabis sold in the last full month data is available in Colorado, the other state where a legal cannabis market has been up and running for at least a couple years.
The $141 million sold in October resulted in $25,623,780 in taxes for the state.
For fiscal year year 2017, which began on July 1st, there has been $570 million in legal cannabis sold in Washington, resulting in over $100 million in taxes.
There are currently 453 licensed cannabis retailers and 908 licensed producer/processor in the state, according to the Liquor and Cannabis Board. More information on Washington’s legal cannabis market can be found by clicking here.