3-day tax haul from Washington pot sales: $148,256 - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

3-day tax haul from Washington pot sales: $148,256

Posted: Updated:

SEATTLE (AP) - Washington will haul in nearly $150,000 in excise taxes from the first three days of legal marijuana sales - and that doesn't include state and local sales taxes.

Randy Simmons, the Liquor Control Board's project manager for legal pot, says that's not bad, considering the market is in its infancy, with only a few stores open statewide.

The law voters passed in 2012 to legalize pot for adults specifies that excise taxes of 25 percent are imposed when producers sell their product to licensed retail stores, and another 25 percent is imposed when shops sell to consumers.

All excise taxes due from the first day of sales Tuesday totaled $61,604. The figure dipped to $30,924 on Wednesday, and rose to $55,728 on Thursday, for a total of $148,256.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

  • Top Stories from KHQTop StoriesMore>>

  • Idaho boy recovering from rattlesnake bite

    Idaho boy recovering from rattlesnake bite

    Tuesday, July 29 2014 2:26 PM EDT2014-07-29 18:26:12 GMT
    LEWISTON, Idaho (AP) - A 6-year-old western Idaho boy who suffered a rattlesnake bite on his big toe is recovering in the intensive care unit at a Spokane hospital. Courtney Hines of Culdesac tells the Lewiston Tribune  that her son, Kaden McKenzie, was bitten on Saturday afternoon at the beach, about nine miles south of Asotin.
    LEWISTON, Idaho (AP) - A 6-year-old western Idaho boy who suffered a rattlesnake bite on his big toe is recovering in the intensive care unit at a Spokane hospital. Courtney Hines of Culdesac tells the Lewiston Tribune  that her son, Kaden McKenzie, was bitten on Saturday afternoon at the beach, about nine miles south of Asotin.
  • UPDATE: High Drive brush fire now 100% contained

    UPDATE: High Drive brush fire now 100% contained

    Tuesday, July 29 2014 11:42 AM EDT2014-07-29 15:42:03 GMT
    SPOKANE, Wash.- On Monday afternoon a brush fire broke out on the west side of Spokane's South Hill. The fire, which broke out around 3pm, was burning on the hill between High Drive and Qualchan Golf Course. By 9pm Monday night the fire was 100% contained. This does not necessarily mean the fire is totally out, but that crews are confident it won't spread and will be out soon.
    SPOKANE, Wash.- On Monday afternoon a brush fire broke out on the west side of Spokane's South Hill. The fire, which broke out around 3pm, was burning on the hill between High Drive and Qualchan Golf Course. By 9pm Monday night the fire was 100% contained. This does not necessarily mean the fire is totally out, but that crews are confident it won't spread and will be out soon.
  • Action Cam: Lunch Ladies Convene In Spokane!

    Action Cam: Lunch Ladies Convene In Spokane!

    Tuesday, July 29 2014 11:19 AM EDT2014-07-29 15:19:32 GMT
    KHQ.COM - “You Are the Stars of Child Nutrition!” is the theme for the Washington School Nutrition Association’s annual state conference. The theme emphasizes the fact that, just like principals and teachers, by doing what they do every day, the 2300+ individual members of WSNA play an important role in student learning.
    KHQ.COM - “You Are the Stars of Child Nutrition!” is the theme for the Washington School Nutrition Association’s annual state conference. The theme emphasizes the fact that, just like principals and teachers, by doing what they do every day, the 2300+ individual members of WSNA play an important role in student learning.
Powered by WorldNow

Features

  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.