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Thousands in tax revenue for Arizona in first weeks of recreational marijuana sales


Recreational marijuana sales bring in hundreds of thousands of dollars in taxes for Arizona
Recreational marijuana has been legally on the market for less than two months statewide, but it is already starting to bring in the big bucks.
Author: Erica Stapleton
Updated: 4:38 AM MST March 16, 2021
PHOENIX Marijuana sales across Arizona have generated more than $2 million in taxes since the start of the new year, data from the Arizona Department of Revenue found. 
Recreational marijuana has been legally on the market for less than two months statewide. Shops were allowed to start selling recreationally on Jan. 22.
AZDOR says from January to mid-February, medical marijuana sales generated $1,339,562. From the start of sales to mid-February, recreational sales brought in $226,355. Add in excise tax and TPT (transaction privilege tax), and the total taxes for the fiscal year so far are more than $2 million. ....

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