With more cultivators coming online, Alaska's marijuana industry hits new tax highs

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Marijuana tax revenues continue to break state records, with projections for the month of July expected to yield the most money from cannabis cultivators to date.

According to the Alaska Department of Revenue, the state anticipates collecting around $571,000 for July, bringing the tax total since legalization to more than $2.3 million.

Six new cultivators came online in July, a gradual trend that’s driving a growing tax base.

“The process is taking a lot longer [than expected,]” said cultivation director for The Frost Frontier Evan Schlosberg, whose cannabis grow operation is one of the many in the industry that’s been working months behind the scenes just to get to the starting line.

Schlosberg celebrated his first sale on Tuesday, reaching a deal with a marijuana retail shop in Spenard. He said despite the high demand for cannabis in the state, it's been a bumpy road for himself, and many other...

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