Marijuana taxes for July bring in $577,000

Published: Sep. 4, 2017 at 9:00 PM AKDT
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According to the state Department of Revenue, the marijuana cultivation industry in Alaska is continuing to grow.

Recently released tax receipts from the month of July show cultivation businesses paid $577,000 in state taxes - the highest total of any month so far.

Fairbanks still has the most pot growing businesses of any municipality in the state, with 12 of Alaska's 46 cultivating operations based in the greater Fairbanks area.

In total, marijuana businesses paid taxes on 612 pounds of marijuana buds and flowers, and 369 pounds of trimmed plant material in July.

Since marijuana was legalized, cultivators have paid a total of about $2.3 million dollars in taxes.

More than a million dollars of that total came in June and July of this year, which are the two most recent months for which data is available.