Washington: State Surpasses $1 Billion In Retail Marijuana Sales

Washington: State Surpasses $1 Billion In Retail Marijuana SalesOlympia, WA–(ENEWSPF)–August 18, 2016.  Licensed retail facilities in Washington state have sold over $1 billion in marijuana flowers and cannabis-infused products since regulators began first permitting such sales two years ago.

Data compiled by the state’s Liquor and Cannabis Board reports that legal sales have now yielded over $275 million in tax revenue.

Last month, state-licensed marijuana sales in Washington totaled $121 million – the highest monthly total yet reported by the Board.

In Colorado, retail sales of cannabis have totaled over $1.1 billion in the past 18 months.

In Oregon, where retail marijuana outlets began operating in January, regulators are estimating that marijuana sales will yield $43 million in new tax revenue by year’s end.

Source: http://www.http://norml.org

 

 

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