pot taxes

Legal Marijuana
5:07 pm
Thu September 18, 2014

Pot Tax Collections Starting To Roll In, Millions More Expected

Millions of dollars of "drug money" has started to flow into Washington state coffers.
Credit Torben Hansen / Flickr

In a manner of speaking, millions of dollars of "drug money" has started to flow into Washington state coffers. The state's chief economic forecaster updated budget writers Thursday on how much tax money they can expect from recreational marijuana now that the first state licensed stores opened in July.

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Marijuana Tax Revenue
6:03 pm
Wed July 30, 2014

Estimates Differ On How Much Tax Revenue Oregon's Marijuana Initiative Would Raise

Oregon’s legalized marijuana campaign says pot would generate about $39 million in tax revenue in its first year.
Credit Mark / Flickr

Oregon’s legalized marijuana campaign says pot would generate about $39 million in tax revenue in its first year. Legislative revenue experts disagree. They say the money would be well below that at just over $9 million. The question is going before voters this fall.

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Marijuana Revenues
5:12 pm
Mon February 24, 2014

Pot Tax Revenue Estimates Likely Hazy

Washington is predicted to take in $157 million in the next two year budget cycle.
Credit Scott Beale / Flickr

Within the next year marijuana taxes will start arriving in Washington state coffers. But how much money can the state realistically expect to take in from legal, recreational pot sales? Washington’s revenue forecaster recently unveiled his first estimate, but the numbers may be a bit hazy.

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Pot Pricing
7:19 am
Tue January 7, 2014

Taxes On Pot Could Limit Sales

When legal recreational marijuana sales begin later this year in Washington, it’s likely the majority of sales of pot will still be through the black market.

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Pot Taxes
7:01 am
Mon September 9, 2013

Pot Taxes Paid In Cash? Washington Says OK

Marijuana-based businesses in Washington will be able to pay their taxes in cash. That’s the word from the state’s Department of Revenue. The agency is gearing up for more cash filers in its field offices.

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