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Alaska collects $11M in pot tax revenue


August 9, 2018

ANCHORAGE, Alaska (AP) — Alaska collected more than $11 million in marijuana tax revenue during the state’s 2018 fiscal year, exceeding projections by nearly $2 million.

The Alaska Department of Revenue released numbers Wednesday for the fiscal year that ended in June, indicating a continued rise in revenue collection, KTUU-TV reported . The state collected about $1.7 million during the previous fiscal year.

“We absolutely are exceeding our predictions and additionally we are seeing a very steady increase in tax revenue collection each month,” said Kelly Mazzei, the department’s e...

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