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WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record
Author: Anthony Martinelli  03/02/2018 - 06:51:00

There was $142,045,630 in legal marijuana and marijuana products sold in Washington in October, according to data released by the state’s Liquor and Cannabis Board.

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 to the 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.

The post WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record appeared first on TheJointBlog.

Original article from thejointblog.com: WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

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