Taxes from Alaska’s first full month of marijuana sales are in, and the tax director for the Alaska Department of Revenue, Ken Alper, says the state collected just over $81,000 in November.
The state saw only $10,400 in pot taxes in October.
At the moment, marijuana in Alaska is only taxed at the cultivation level. Buds bring in $50 per ounce and $15 for all other parts of the plant.
Alper says November’s numbers are a good sign of what’s to come.
“It’s a start, but it’s still not what we anticipate the long term number to be,” Alper said. We think it is going to grow to close to a million dollars a month but it shows that the industry is starting to get their doors open and starting to make their sales.”
Under state law, half of the revenue from marijuana sales will go towards programs and projects to keep people out of prison. The other half is put into the general fund.