Alaska Made Over $2.2 Million in Marijuana Taxes in June

According to data released by the Alaska Department of Revenue, the state made over $2.2 million in taxes from the legal distribution of marijuana in June.

In total the state with a population of less than 750,000 people made $2,282,147 in marijuana tax revenue in June, a slight decrease from the $2,398,053 made in May. The high point for the year was in March, with $2.5 million in taxes made from legal marijuana. The low point was in February, with $2.1 million in marijuana taxes.

The year-to-date marijuana tax total for Alaska is now $28,154,513.

Of the $2.2 million in marijuana tax revenue made in June, $976,335 of this was from the purchase of marijuana bud and flower. $674,606 came from immature plants and seeds, and $630,888 came from trim.

In total there was 88,570 ounces of marijuana sold in June. As with the overall tax revenue, this is a slight decrease from the 90,131 ounces sold in May.

Under Alaska’s marijuana law those 21 and older are allowed to purchase up to an ounce of marijuana from a licensed marijuana retail outlets. Alaskan residence are allowed to possess up to four ounces, but can only purchase one ounce at a time. Although the law was passed by voters in 2014, the first marijuana store didn’t open until the second half of 2016.

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