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Alaska October Marijuana Tax Revenue Near $1 Million

A total of $953,591 was paid by 66 marijuana growers in October

Alaska’s commercial cannabis brought in just under a million dollars in state tax revenue in October, according to a state official. A total of $953,591 was paid by 66 marijuana growers in October, according to data from Kelly Mazzei, excise tax supervisor at the Alaska Department of Revenue tax division. Once again, revenue continued a steady climb, increasing by about $200,000 from September. October’s numbers also complete the first full year of legal marijuana sales, during which cannabis generated $4,694,645 in state taxes. The state’s first marijuana shops opened in late October 2016.

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