Alaska marijuana tax collections hit new high in January
Published: Mar 2, 2018, 7:42 am • Updated: Mar 2, 2018, 8:22 am
By Becky Bohrer, Associated Press
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.
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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.
Topics: Alaska, Alaska marijuana sales, marijuana taxes
