Licensed marijuana stores in Washington State sold $109.12 million in December, bringing the year’s total sales to $1.135 billion.
December’s marijuana sales total represents a nearly $9 million increase from the $100.4 million sold in November, and it marks a 1.4% increase from December 2023, according to the research firm Headset. This brings the 2024 total to around $1.2 billion. The state ended the year with an average price of $7 per gram of dried flower, and $16 per eighth.
Washington imposes a 37% excise tax on marijuana sales, the highest in the nation. With $1.135 billion in total sales for 2024, this translates to approximately $420 million in tax revenue. These funds are primarily allocated to health care programs, with additional contributions to the general fund, local governments, education and prevention initiatives, and regulatory oversight.
Washington tied Colorado as the first state to legalize recreational marijuana in November 2012, with the first licensed marijuana store opening in 2014. Under the law, those 21 and older are allowed to possess up to one ounce of marijuana, seven grams of concentrates, and up to 72 ounces of marijuana-infused liquids.
A law signed into law by Governor Inslee earlier this year makes certain medical marijuana products exempt from the state’s 37% excise tax.
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