Legal marijuana sales in Anchorage, Alaska, surpassed $108 million in 2024, generating over $5.4 million in local tax revenue, according to newly released data from the Anchorage Finance Department’s Treasury Division.
The data shows that total taxable marijuana and marijuana product sales in Anchorage for the year reached $108,484,831. The municipal retail sales tax on these transactions totaled $5,424,144. Monthly sales remained strong throughout the year, with peaks in March ($9.3 million), October ($9.8 million), and July ($9.3 million). Anchorage has a population of around 286,000, meaning that on average, every resident purchased around $380 worth of cannabis in 2024.
Compared to 2023, when total marijuana sales reached approximately $112.8 million, Anchorage saw a slight decline in overall revenue, attributed to a modest drop in pricing. Marijuana remains a key economic driver in the city, contributing millions in tax revenue that supports local government functions.
Sales data includes a variety of marijuana products including concentrated extracts, edibles, tinctures, and topicals, as well as dried flower and prerolls.
Achorage has a populatio
Alaska legalized marijuana in 2014, with the first licensed marijuana store open in 2016