Young marijuana plants grow indoors under lights at the Fireweed Factory in Juneau on Tuesday, March 14, 2017. (Michael Penn | Juneau Empire)

Young marijuana plants grow indoors under lights at the Fireweed Factory in Juneau on Tuesday, March 14, 2017. (Michael Penn | Juneau Empire)

Alaska marijuana tax collections set another record

Alaska’s March marijuana tax revenue topped $1 million and set a new monthly record, according to figures released last week by the Alaska Department of Revenue.

The news keeps the young industry in line with the state’s official projections for growth.

According to the department’s tax division, Alaska collected $1.090 million in marijuana excise taxes during March. Official collection figures trail the tax payment deadline by one month. Figures for April will be available at the start of June.

The March figure was the most the state has ever collected from marijuana businesses in a single month, signaling that the industry has not yet reached its growth limits. The old record was $1.041 million in January.

In Alaska, state marijuana taxes are collected at the wholesale level, when bud and other plant parts are sold from farms to retailers. The tax, established by the same 2014 ballot measure that legalized the industry here, is $50 per ounce of bud and $15 per ounce of other plant parts.

The state’s flat tax is the only such tax in the country; all other states with legal marijuana levy a tax based on a percent of the retail or wholesale price. The Alaska Marijuana Control Board is considering whether to advise the Legislature to switch the state’s tax structure.

According to the Department of Revenue figures, marijuana farms sold 1,106 pounds of marijuana bud and 852 pounds of other plant parts in March. Both figures are up from February, when 880 pounds of bud and 806 pounds of other plant parts were sold.

The number of taxpaying marijuana farms continued to grow. In March, the state listed 92 taxpaying farms. That number has risen in every month since the state’s first retail sales in October 2016.

Fairbanks has the most taxpaying marijuana farms (20), with Anchorage second at 17. Juneau has four taxpaying farms.

The state expects to collect $4.6 million in marijuana taxes during the current fiscal year, which ends June 30. In the next fiscal year, which starts July 1, the state expects to collect $9 million.

Municipalities across the state also collect local sales taxes on marijuana. Figures on those collections were not immediately available.


• Contact reporter James Brooks at jbrooks@juneauempire.com or 523-2258.


More in News

A Princess Cruise Line ship is docked in Juneau on Aug. 25, 2021. (Michael Lockett / Juneau Empire File)
Ships in Port for the week of Sept. 18

Here’s what to expect this week.

An Alaska judge has ruled that a state lawmaker affiliated with the Oath Keepers, Rep. David Eastman, shown in this February 2022 photo, may stay on the general election ballot in November even though he's likely ineligible to hold public office  (Peter Segall / Juneau Empire File)
Judge keeps Oath Keepers lawmaker on November ballot

Judge ordered delaying certifying the result of the race until a trial scheduled for December.

Water rushes down Front Street, just a half block from the Bering Sea, in Nome, Alaska, on Saturday, Sept. 17, 2022 as the remnants of Typhoon Merbok moved into the region. It was a massive storm system — big enough to cover the mainland U.S. from the Pacific Ocean to Nebraska and from Canada to Texas. It influenced weather systems as far away as California, where a rare late-summer storm dropped rain on the northern part of the state, offering a measure of relief to wildfire crews but also complicating fire suppression efforts because of mud and loosened earth. (AP Photo / Peggy Fagerstrom)
Repair work begins in some Alaska towns slammed by storm

ANCHORAGE — There’s been significant damage to some roads and homes in… Continue reading

j
Sniffen indicted on sexual abuse counts

Sniffen will be arraigned Monday.

In this undated file photo the Trans-Alaska pipeline and pump station north of Fairbanks, Alaska is shown. (AP Photo / Al Grillo)
Oil price drop endangers plan to fund Alaska schools a year early

If oil prices fall, amount is automatically reduced to an amount the state can afford. At

(Michael Penn / Juneau Empire File)
Juneau Police Department announces technology and reporting updates

Emergeny services and direct reporting will not be interrupted

The hoverfly can perceive electrical fields around the edges of the petals, the big white stigma, and the stamens. (Courtesy Photo / Bob Armstrong)
On the Trails: Electric flowers and platform plants

You cannot see it, it’s electric.

(Juneau Empire File / Michael Penn)
Police calls for Tuesday, Sept. 20, 2022

This report contains public information from law enforcement and public safety agencies.

Most Read