Alaska marijuana sales break records for sixth straight month
On the same day that voters in Kenai and Fairbanks enthusiastically cast votes supporting Alaska’s legal marijuana industry, the Alaska Department of Revenue reported new record-high sales.
In August, according to figures released by the department’s tax division, the state collected $694,364 in marijuana taxes. That’s the most ever collected in a month by the state, and it’s the sixth consecutive month that the state has set a new record for wholesale marijuana sales.
According to the state, 734 pounds of marijuana bud (or flower) was sold by farms to retail stores in August. Four hundred and forty-four pounds of other cannabis plant parts were also sold during the month.
Under state law, state tax is paid when marijuana is sold or transferred from a grower to a cultivator.
Fifty-six marijuana farms paid taxes during the month, up
...
