WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

Discussion in 'Washington (WA)' started by VakarianZ, Feb 3, 2018.

  1. VakarianZ

    VakarianZ Administrator

    WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

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    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 October’s sales. Overall for fiscal year 2018 – which began on July 1st – the state has garnered $120 million in taxes from $534 million in marijuana sales. This puts the state on track to top fiscal year 2017; the state brought in $314.8 million in taxes from $1.37 billion in sales.

    The $142 million in marijuana sold in October in Washington is slightly higher than the amount of marijuana sold in Colorado during the same period; $127 million according tothe state’s Department of Revenue.


    In Washington, the licensed distribution of marijuana and marijuana products (edibles, lotions, oils, hash, etc.) has been legal since 2014, made possible by a legalization initiative approved by voters in 2012.

    Source: https://thejointblog.com/wa-142-million-legal-marijuana-sold-october-new-single-month-record/
     
  2. Pupp

    Pupp Registered+

    Followed by a couple months of lower sales. :wtfsign:
     

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