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Home 🌿 Marijuana Business News 🌿 Washington: Local marijuana businesses rake in nearly $4M in total sales 🌿

Washington: Local marijuana businesses rake in nearly $4M in total sales

Submitted by Marijuana News on Sat, 08/08/2015 - 11:00

Statewide, I-502 companies see $256M in sales; $67M in taxes

All told, the legal recreational marijuana business has made more than $265 million statewide since business began opening in June and July last year. From that, the state has raised $67 million in excise taxes.

For the most part, which parts of the state are seeing the most sales seems to mirror population. King, Spokane and Clark counties see some of the largest shares of sales on the retail sale and processing sides of the industry.

Eastern Washington, however, has seen the most sales on the production end, with Benton, Chelan and Spokane counties contributing the most to the $5.4 million in total sales recorded in that sector.

Would-be cannabis companies can apply to the state for licenses in growing, processing for sale, or retail store licenses.

In Kittitas County, local growers, processors and retail businesses have recorded almost $4...

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