Arizona Marijuana Tax Revenue Exceeds $20 Million In August, State Reports

Arizona Marijuana Tax Revenue Exceeds $20 Million In August, State Reports

Author: Kyle Jaeger

Arizona collected more than $20 million in medical and adult-use marijuana tax revenue in August, data released by the state this week shows.

Medical cannabis taxes were slightly higher at $6,388,816 last month, compared to $4,542,166 collected from the recreational market, according to the Department of Revenue. The state also took in an additional $9,515,016 from the marijuana excise tax.

However, these figures are preliminary and may change, as some businesses could need additional time to send in data.

View the full article at marijuanamoment.net