Washington reported Friday that stores within the state sold a little less than $3.8 million worth of cannabis during the first month retail sales of marijuana were legal there and that it expects to bring in more than $1 million in taxes.
That is significantly less than Colorado who brought in over $2 million in taxes during their first legal month. But just 18 of the 40 stores that have been issued licenses in Washington State actually sold the herb in July.
Meanwhile, In the first six months of 2014, recreational marijuana sales in Colorado totaled $115 million, which has translated into $20 million for the taxman, notes Colorado Public Radio.
Recreational and medical pot sales totaled $308 million during the January-June period. While medical sales continue to outpace recreational purchases, the trend could soon shift as more recreational stores open. There are around 120 recreational pot dispensaries in the state, compared to some 500 medical storefronts.