Indopedia All Things Marijuana
Although Alaska voted to legalize recreational cannabis back in 2014, the past few months have arguably been the most defining for the state’s market. Pot sales continue to skyrocket throughout the largest U.S. state, while recently held elections have reflected local support for the budding industry.
According to new figures from the Alaska Department of Revenue, the state collected $694,364 in tax revenue from marijuana in August. This broke the state’s wholesale cannabis sales record for the sixth consecutive month, suggesting that the plant is growing increasingly popular across The Last Frontier. Despite the fact that Alaska has the most expensive legal green in the country, statistics show that 734 pounds of bud was sold by cultivators to retail stores over that month period, along with 44 pounds of other plant parts.
Beyond these record-setting sales, Alaska’s recreational cannabis system has seen major victories on the legislative front as well. Earlier this week, the Fairbanks region showed overwhelming support for commercial pot, thwarting a proposed business ban with 70 percent voting in favor of the industry. The Kenai Peninsula Borough also…
