Marijuana sales brings in big bucks for state

Marijuana sales brings in big bucks for state

Line outside Top Shelf Cannabis opening day. Photo: KGMI

KGMI News Reporting
By Tracy Ellis

BELLINGHAM, Wash. – After the first 10 days of legal marijuana sales, the state will be collecting $318,000 in excise taxes.

The state Liquor Control Board figures that is Washington’s take of what’s been estimated to be $1.27 million in pot sales so far.

Marijuana is taxed at 25 percent at each link of it’s supply chain, and according to the Seattle Times, most of the money the state collects is to be set aside for prevention, research, and health funding.

Recent Headlines

in Entertainment

Today in entertainment history: Oct. 6

Garth Brooks

A look back at the Hollywood headlines that went down in history.

in Sports

Dos Santos to miss Mexico’s playoff vs US


Forward Giovani Dos Santos will miss Mexico's playoff game at the United States on Saturday, a match that determines which nation will represent its region at the 2017 Confederations Cup.

in Sports

Nationals fire manager Matt Williams, coaching staff


The Nationals say they have fired manager Matt Williams and his coaching staff after a season in which the team went from World Series favorite to failing to make the playoffs.

in Sports

Headed to rehab, Yankees’ Sabathia to miss playoffs


Yankees pitcher CC Sabathia is checking into an alcohol rehabilitation center and will miss the postseason.

in Entertainment

‘Spectre’ destroyed nearly $34M worth of cars


The price tag for the latest installment in the "James Bond" franchise includes millions in automobiles, including seven specially-created Aston Martins that were wrecked during filming.

Bellingham Traffic