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Day: January 6, 2019

Main Street Marijuana near $100 million in sales

Downtown Vancouver’s Main Street Marijuana has consistently held an unbeatable lead as the state’s highest-selling recreational cannabis store, and it’s quickly approaching a major milestone: passing $100 million in total lifetime sales. The store’s owners expect to cross the threshold on Jan. 15 or 16. “We’re the first one in the state to do it,” says Adam Hamide, one of the store’s three co-owners. “That’s a lot of tax dollars we’re taking out of the hands of criminals.” The store’s net sales stand at approximately $68 million — with more collected for state marijuana taxes and sales taxes. The marijuana taxes are collected by the Washington State Liquor and Cannabis Board, and the funding is distributed to a variety of state agencies, as well as local governments to help fund enforcement efforts. According to a board report, the state took in $319 million in marijuana revenue in 2017. It said $145.7 million of that total went to fund health care services, $96.6 million went to ..