Alaska marijuana tax collections hit new high in January

JUNEAU, Alaska — Alaska has raked in its biggest monthly haul in marijuana taxes, with just over $1 million collected in January.

The state Department of Revenue’s Kelly Mazzei (muh-ZAY’) also says January tallied the higher number of operations paying the tax.

Cultivation facilities pay the tax, which is imposed when marijuana is sold or transferred from a licensed grow facility to a retail marijuana shop or product manufacturing facility.

State law calls for half of the tax revenue to go toward programs aimed at reducing repeat criminal offenders.

A bill pending before the Alaska Senate calls for using an additional portion of the tax revenue for a marijuana education and treatment program.

The state says it has collected roughly $7.4 million in marijuana taxes since collections began in October 2016.

Facebook Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Skip to toolbar