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Home 🌿 Marijuana Business News 🌿 Alaska collects its first full month of marijuana tax revenue 🌿Alaska collects its first full month of marijuana tax revenue
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In November, seven marijuana cultivators paid $81,100 to the Alaska Department of Revenue's Tax Division, division director Ken Alper wrote in an email.
About 98 pounds of marijuana bud and 10 pounds of trim — the leaves and stems — were sold wholesale, Alper wrote. Under Alaska law, cultivators pay the state's tax. Bud is taxed at $50 per ounce, and other parts of the plant, like the stems and leaves, are taxed at $15 per ounce.
Most of the taxes were paid in cash, and a few were paid with check, Alper wrote.
The numbers represent the first full month of Alaska's cannabis sales, with five stores operating statewide by the end of November — two in Fairbanks, one in Valdez, one in Juneau, and one on the Kenai Peninsula.
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