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State collects almost $700,000 from pot industry in first six months

(KMVT)
Published: May. 2, 2017 at 11:02 PM AKDT
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Over the first six months of collecting taxes on marijuana cultivators, the state of Alaska has taken in $693,029 in revenue.

The most recent numbers from March 2017 show a monthly revenue of a little more than $220,000. This is the highest monthly total so far and the first month above $200,000. March revenues almost doubled from February's total which was $128,000.

The taxes collected in March come from 27 taxpayers.

A total of 225 pounds of bud and flowers were sold or transferred during March and 169 pounds of trim or other parts of the plant.

These statewide taxes come from cultivators selling or transferring to retail stores or manufacturing. Taxes from retail stores are collected at the local level.