As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washington

[The General]

If California voters elect to approve the sale of marijuana in 2016, the state can expect to collect $519,287,052 in sales and excise taxes over one year. So says a report out Thursday by the financial website Nerdwallet. Should all 50 states and the District of Columbia legalize pot, then total state and local tax revenue would reach nearly $3.1 billion. This fall, Alaska, Florida and Oregon will offer voters the chance to legalize marijuana in one form or another.

California would see the greatest revenue share, followed by Florida, at $183 million; Oregon, at $54.5 million; Alaska, at $11.5 million; and the District of Columbia, at $8.7 million. In computing the data, Nerdwallet also calculated the number of possible customers based on surveys showing the number of citizens over 25 who have smoked marijuana in the past month.

The results: California, 6.74 percent; Florida, 4.73 percent; Oregon, 10.25 percent; Alaska, 11.18 percent; and District of Columbia, 7.24 percent. Kansas marked the nation's lowest percentage of adult smokers at 2.55 percent. Others showing a low percentage were North Dakota, at 3.07 percent; Utah, 3.04 percent; and Texas, at 3.3 percent. In Washington, the report said, 8.11 percent of adults over 25 have smoked pot in the last month.

And in the latest financial data available in Washington, state Liquor Control Board spokesman Brian Smith reported Thursday that from opening day in July through the end of September, the state has collected $4,806,452 in excise taxes from the growing, processing and retail sales of marijuana. This figure is based on total sales at all three levels of $19,225,808. September total sales for production, processing and retail were $8.5 million, with $5,781,656 marked by retail sales alone.

News Moderator - The General @ 420 MAGAZINE ®
Source: Thenewstribune.com
Author: C R Roberts
Contact: Contact Us
Website: As other states contemplate legalization, marijuana sales top $19.2 million in Washington

 

[markscastle]

Re: As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washin

If California voters elect to approve the sale of marijuana in 2016, the state can expect to collect $519,287,052 in sales and excise taxes over one year. So says a report out Thursday by the financial website Nerdwallet. Should all 50 states and the District of Columbia legalize pot, then total state and local tax revenue would reach nearly $3.1 billion. This fall, Alaska, Florida and Oregon will offer voters the chance to legalize marijuana in one form or another.

California would see the greatest revenue share, followed by Florida, at $183 million; Oregon, at $54.5 million; Alaska, at $11.5 million; and the District of Columbia, at $8.7 million. In computing the data, Nerdwallet also calculated the number of possible customers based on surveys showing the number of citizens over 25 who have smoked marijuana in the past month.

The results: California, 6.74 percent; Florida, 4.73 percent; Oregon, 10.25 percent; Alaska, 11.18 percent; and District of Columbia, 7.24 percent. Kansas marked the nation's lowest percentage of adult smokers at 2.55 percent. Others showing a low percentage were North Dakota, at 3.07 percent; Utah, 3.04 percent; and Texas, at 3.3 percent. In Washington, the report said, 8.11 percent of adults over 25 have smoked pot in the last month.

And in the latest financial data available in Washington, state Liquor Control Board spokesman Brian Smith reported Thursday that from opening day in July through the end of September, the state has collected $4,806,452 in excise taxes from the growing, processing and retail sales of marijuana. This figure is based on total sales at all three levels of $19,225,808. September total sales for production, processing and retail were $8.5 million, with $5,781,656 marked by retail sales alone.

News Moderator - The General @ 420 MAGAZINE ®
Source: Thenewstribune.com
Author: C R Roberts
Contact: Contact Us
Website: As other states contemplate legalization, marijuana sales top $19.2 million in Washington

For every dollar collected in taxes one dollar comes out of the pockets of hard working American budgets and less is in direct circulation for the growth of our economy. Americans can better decide what they most need from thier money than government who uses the lions share to support ever growing bureaucracy. Government is like a bottomless pit of hunger ! I support cchi2014.org and the only truly free legalization of MMJ ! And the best thing, they aren`t trying to pass laws for self interests like all the other groups out there!

 

[c526]

Re: As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washin

uncle SAM is not included in my utopia,it does aggravate me that its all about cash,and not about letting people be comfortable.
"sin tax" is the name it goes by,Wasn't this country founded,to get away from tax??

. Kansas marked the nation's lowest percentage of adult smokers at 2.55 percent. Others showing a low percentage were North Dakota, at 3.07 percent; Utah, 3.04 percent; and Texas, at 3.3 percent. In Washington, the report said, 8.11 percent of adults over 25 have smoked pot in the last month.

In those states where it is illegal,how do they get proper numbers? nobody wants to speak up,I'll bet if Texas opened up,that number would surprise people.

 

[Radogast]

Re: As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washin

If Uncle Sam is the problem and all taxes are bad taxes, you are alienating a lot of more reasonable people with extremist views.

This board has a lot of people who know how to play nice with others.

 

[c526]

Re: As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washin

whats extremist?? lmao. I dont like uncle sam grabbing? from something they provide nothing for??

Should all 50 states and the District of Columbia legalize pot, then total state and local tax revenue would reach nearly $3.1 billion.

I pay a ton,and I dont usually get going if I see/feel something being provided,my city/county property taxes=
about 10k a year,and I never bitch,I have great roads,schools,fire and police do great work.,I feel good about giving Sam his cut.

how much,(of the 3.1)do you think will stay at the level,people will really see it?

all of these stories have the same theme.How much we gonna make??

can ya tell I just bought a Denver sack??lmao I felt uncle sam's love.

 

[xtrchessreal]

Re: As Other States Contemplate Legalization, Marijuana Sales $19.2 Million In Washin

Colorado has grown economically with all of the industry around the marijuana industry - Lighting, pumps, fans, electricians, plumbers, builders (including remodels inside homes), planter pots, then there are specialized stores for growing supplies, there are people learning horticulture and getting licenses to work in licensed grow houses...the list goes on and so does the dollar spent on marijuana.

As for freedom,
Liberty to do as one wishes. That is what USA was founded upon. Over two centuries we slowly have been entrapped by corporations and banks. We The People, doesn't even register in our indoctrinated minds anymore. Idiocracy, that is what we live in.

signed
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