Alaska has brought in over $110 million in new tax revenue from marijuana and marijuana products purchased legally between January, 2017 and January, 2023.
Alaska voters legalized recreational marijuana for everyone 21 and older in 2015, with the first marijuana retail outlet opening their doors towards the end of the following year. Between 2017 and the end of 2022, Alaska garnered $113,212,190 in tax revenue from the marijuana industry, according to data released by the Alaska Department of Revenue. This doesn’t include the estimated $7 to 8 million already made so far in 2023.
Since the start of legal sales Alaska has sold almost 1.4 million ounces in dried marijuana flower, which doesn’t include products like trim and shake. This is despite Alaska having a population of less than 750,000 (only two other states, Wyoming and Vermont, have a smaller population).
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