Archive for category: Washington

OLYMPIA, WA — 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…

SEATTLE, WA — Washington launched its second-in-the-nation legal marijuana market with just a handful of stores selling high-priced pot to long lines of customers. A year later, the state has about 160 shops open, tax revenues have soared past expectations and sales top $1.4 million per day.

And who knows – the industry might even start making some money.

Washington pot farmers, processors and retailers have complained all year that heavy state and federal tax burdens, along with competition from an unregulated medical marijuana market,…