WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

There was $142,045,630 in legal marijuana and marijuana products sold in Washington in October, according to data released by the state’s Liquor and Cannabis Board.

The $142 million in marijuana sold in October marks a single-month record, besting the previous high of $133.5 million in August. The state garnered nearly $30 million in taxes from October’s sales. Overall for fiscal year 2018 – which began on July 1st – the state has garnered $120 million in taxes from $534 million in marijuana sales. This puts the state on track to top fiscal year 2017; the state brought in $314.8 million in taxes from $1.37 billion in sales.

The $142 million in marijuana sold in October in Washington is slightly higher than the amount of marijuana sold in Colorado during the same period; $127 million according to the state’s Department of Revenue.

In Washington, the licensed distribution of marijuana and marijuana products (edibles, lotions, oils, hash, etc.) has been legal since 2014, made possible by a legalization initiative approved by voters in 2012.

About Anthony Martinelli

Anthony, co-founder and Editor-in-Chief of TheJointBlog, has worked closely with numerous elected officials who support cannabis law reform, including as the former Campaign Manager for Washington State Representative Dave Upthegrove. He has also been published by multiple media outlets, including the Seattle Times. He can be reached at TheJointBlog@TheJointBlog.com.

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