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$3.8 Million in Recrational Cannabis Sold in First Month of Legal Sales in Washington State

There was roughly $3.8 million in recreational cannabis sold in Washington State in the month of July, the first month such sales were legal, according to new data released by the state. The numbers are based on just 18 stores open in July, 2 of which have yet to report sales. Only 6 of these outlets were open on July 1st, the day legal cannabis sales began.

β€œIt’s off to a healthy start, considering that the system isn’t fully up and running yet,” says Brian Smith, a spokesman for the Washington State Liquor Control Board, the entity tasked with regulating the new industry.

The $3.8 million in sales has resulted in over $1 million in taxes for the state. Under the state’s tax structure for legal recreational cannabis, cannabis is taxed 25% at three different levels, in addition to a standard sales tax of 10%.

– TheJointBlog

The post $3.8 Million in Recrational Cannabis Sold in First Month of Legal Sales in Washington State appeared first on The Joint Blog.

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Steph Sherer: Navigating Medical Marijuana in the Mainstream: Advocates Return to D.C. This Weekend

Legal access to medical cannabis has been supported by the American public for decades, and it is the law in 20 states and D.C., but this issue can be complex, and successfully navigating it requires a clear understanding of where we’ve been, what we know, and where we want to go.

Read more: Ahp, American Herbal Products Association, National Medical Cannabis Unity Conference, Jim Tozzi, Medical Marijuana, American Herbal Products, Asa, Americans for Safe Access, Medical Cannabis, Ahpa, unity2014, unity14, Medical Marijuana States, Medical Cannabis States, Medical Cannabis Laws, Medical Marijuana Laws, Medical Cannabis Access, Medical Marijuana Access, Politics News

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