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Pot: 2016 Sales in Washington

Cannabis sales in Washington in 2016 will come in at $1.365 Billion, and of that the state collected $291 Million in marijuana excise taxes.

Colorado won’t have the year-end numbers for another couple of months, but their sales should be pretty close to Washington’s. Oregon and Alaska markets are so new the figures are almost
meaningless at this time.

Washington’s taxes are the highest of any of the legal states, and I anticipate they will be reduced during the current legislative session.

For the farmers reading this, I’m estimating that a planted half-acre brought in about $250,000, depending on so many factors I can’t list them.

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