{"id":51681,"date":"2021-12-11T07:23:00","date_gmt":"2021-12-11T15:23:00","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2021\/12\/11\/arizona-recreational-marijuana-sales-hit-record-monthly-high-state-reports\/"},"modified":"2021-12-11T13:45:17","modified_gmt":"2021-12-11T21:45:17","slug":"arizona-recreational-marijuana-sales-hit-record-monthly-high-state-reports","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2021\/12\/11\/arizona-recreational-marijuana-sales-hit-record-monthly-high-state-reports\/","title":{"rendered":"Arizona Recreational Marijuana Sales Hit Record Monthly High, State Reports"},"content":{"rendered":"<\/p>\n

In all, the medical and recreational cannabis programs have combined to more than $1.1 billion in sales in the first 10 months of the year.<\/em><\/p>\n

By Jim Small, Arizona Mirror<\/strong><\/p>\n

Marijuana sales in Arizona hit record highs in October, with nearly $58 million in estimated sales of recreational cannabis for the month, according to state tax officials.<\/p>\n

For the month, the Arizona Department of Revenue\u00a0reported<\/a> that nearly $4.9 million in sales taxes\u2014known officially as transaction privilege taxes\u2014were collected in October for adult-use recreational marijuana. And when the 16 percent excise tax on cannabis is applied, Arizonans paid another $9.7 million to purchase marijuana, edibles, resins and more.<\/p>\n

Arizona voters in 2020\u00a0approved Proposition 207, which legalized recreational marijuana use for adults<\/a>, and sales began in January<\/a> of this year.<\/p>\n

The previous record for adult-use marijuana sales<\/a> was in July, when dispensaries sold $54.5 million of cannabis.<\/p>\n

!function(){“use strict”;window.addEventListener(“message”,(function(e){if(void 0!==e.data[“datawrapper-height”]){var t=document.querySelectorAll(“iframe”);for(var a in e.data[“datawrapper-height”])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data[“datawrapper-height”][a]+”px”}}}))}();<\/p>\n

Arizona also has a medical marijuana program and collects sales taxes for that, as well\u2014and it remains a larger market than the adult-use program. For October, ADOR officials estimate there were $63 million in medical marijuana sales.<\/p>\n

In all, both programs have combined to more than $1.1 billion in cannabis sales in Arizona in the first 10 months of the year; about $641 million in medical marijuana and $466 million in recreational.<\/p>\n

That has added more than $175 million in tax revenue to state coffers. Nearly $41 million of that has gone to the state\u2019s general fund, while $23 million has gone to cities where the sales were made. Another $6.6 million has gone directly to fund public schools.<\/p>\n

This story was first published by Arizona Mirror.<\/a><\/em><\/p>\n

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New York Bill Would Allow Marijuana Industry to Deduct Business Expenses On State Taxes<\/a><\/p>\n<\/blockquote>\n

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The post Arizona Recreational Marijuana Sales Hit Record Monthly High, State Reports<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


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\nRead More: Arizona Recreational Marijuana Sales Hit Record Monthly High, State Reports<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In all, the medical and recreational cannabis programs have combined to more than $1.1 billion in sales in the first 10 months of the year. By Jim Small, Arizona Mirror Marijuana sales in Arizona hit record highs in October, with nearly $58 million in estimated sales of recreational cannabis forContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":457,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1335],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/51681"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/457"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=51681"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/51681\/revisions"}],"predecessor-version":[{"id":51682,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/51681\/revisions\/51682"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=51681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=51681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=51681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}