$70 Million In Taxes Because Of Legal Marijuana

Posted by | July 5, 2015 13:00 | Filed under: Economy Good News


That’s what filled the coffers of Washington State in one year.

Washington’s first year of legal marijuana sales has generated $70 million in tax revenue, a new report says.

That total follows the Evergreen State’s first stores selling the drug opening in July 2014, according to The Associated Press.

AP said Washington now boasts 160 marijuana stores and sales topping $1.4 million daily.
The state netted $250 million in sales of the plant during its first year of legal transactions. About $65 million of that haul stems from marijuana excise taxes.

The $70 million total in taxes for the state’s first year of sales includes all state and local sales and other taxes, AP reported.

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Copyright 2015 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

4 responses to $70 Million In Taxes Because Of Legal Marijuana

  1. rg9rts July 5th, 2015 at 13:25

    HAAAH HOOH now watch all the conazis line up to legalize it. $$$$$$$$$$ is something they understand even if they do Bogart it too much

    • Hirightnow July 5th, 2015 at 14:29

      Nahhh.
      They make much more money for themselves with private prisons, state-ordered “rehab” clinics, and all those tasty tasty forfeitures.

  2. tracey marie July 5th, 2015 at 17:42

    What drug causes more deaths and trauma from …

    overdoses
    car accident
    physical beat downs
    gun violence
    road rage
    domestic violence

    that’s right, alcohol.

  3. amersham46 July 5th, 2015 at 20:41

    just wondering what the increase sales of munchies were ???

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