The second full month of marijuana tax revenue has entered the state treasury.
In December, 13 marijuana cultivators paid $145,800 to the Alaska Department of Revenue's Tax Division, revenue audit supervisor Kelly Mazzei wrote Tuesday.
Under Alaska law, growers pay the state's tax. Bud is taxed at $50 per ounce, and other parts of the plant, like the stems and leaves, are taxed at $15 per ounce.
A total of 167 pounds of marijuana bud and 46 pounds of other parts were sold in December, Mazzei wrote.
You may remember that back in November I reported that Alaska had collected $81,100 in tax revenue from the growers.
So this is a significant increase and a real indication that the marijuana industry is likely to inject some serious money into the rapidly emptying Alaska state coffers.
As I have explained before there is no way it will replace the dwindling oil tax revenue, but at least it is something.
Source http://ift.tt/2kzPMZ8
