At the one-year mark, recreational cannabis sales taxes in Alaska reached $953,591 in the month of October, setting a new single-month record in the state, according to a Juneau Empire report. The revenues come on 1,004 pounds of flower sold by cultivators to retailers, and another 62 pounds of other plant parts.

Regulators also approved three new licenses for Norvin Perez, who owns Green Valley Enterprises, a farm; Southeast Essentials, a manufacturer; and Glacier Valley Shop, a retail dispensary. According to the report, two farms, two retail stores, and a testing laboratory have also been approved but have not yet passed the final inspections.

The Alaska Alcohol and Marijuana Control Office also issued its first consumer alert last week for edibles produced at Frozen Budz. The alert indicates that the edibles were not tested before being sent to retailers for sale. The manufacturing facility has been suspended while regulators investigate.

“The products are labeled as having 5 mg of THC per serving, but in reality, each serving may have a great deal more THC,” said Erika McConnell, director of the AMCO, in a statement. “Additionally, the products have not been tested for contaminants such as bacteria, fungus, or mold. Consumers who have purchased products made by Frozen Budz should be aware.”

Alaska has, during its program’s first year, collected $4.7 million in cannabis tax revenues.

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: , | Categories: Recreational Cannabis News

Learn about cannabis businesses:

View the directory | Get featured here

  • Wise Public Relations, Inc.

    We help our clients win by outsmarting and outmaneuvering the competition rather than outspending them. That’s our specialty. Through a strategic mix of marketing disciplines, all working together to create real momentum that give our clients a critical competitive advantage in the marketplace. MedMen, Cloudponics, Style & Stigma. We take great pride in the work we do and accountability for the opinions we shape. We have fun doing it. And we hope it shows.

  • Cannabis Accounting Group, a CWSEAPA Company

    We believe that what sets us apart from other accounting firms, is working within the Tax Code to find a way around the oppressive Section 280E Rules.

  • AlphaRoot

    AlphaRoot is a full-service, tech-enabled insurance platform built for the cannabis community. AlphaRoot's portfolio of cultivators, dispensaries, seed-to-sale technologies, venture capital firms, and publicly traded companies provides unique insight and the ability to manage risk for virtually any cannabis business.

  • California Cannabis CPA

    California Cannabis CPA is the premiere CPA firm that helps individuals and companies working in the Cannabis Industry with all tax planning, compliance, preparation, savings, and peace of mind.

  • Go Green Hemp

    GoGreen Hemp specializes in everything CBD. We sell directly to consumers as well as to wholesalers and those interested in white label products. Our current product line consists of Gel Capsules, Gummies, Oil Drops and Balms.

  • Craft Cannabis Marketing

    We offer two decades of experience providing advertising, branding, and web design solutions to the most recognizable brands from around the globe. Simply put, we decided to take the expertise we gleaned working with big-name companies you know and love and bring it to the emerging cannabis industry. We’re more than a mere agency – we’re cannabis advocates.

  • HappyChap Creative

    An upstart design/build/create/help/strategize agency based in the Pacific Northwest. We help good people & companies get the recognition they deserve through clever, honest communication and the right look. We love working with cannabis brands who set a high bar for quality and who emphasize the positive impact that cannabis legalization will have on the world.

  • Emerald Elite Consulting

    We are cannabis cultivation specialists. With over 40+ years of combined experience from the heart of American cannabis history and innovation, the Emerald Elite team and its network of cultivators offer a truly unparalleled depth of experience for our clients' advantage. Production of the cleanest, highest quality cannabis in the world is our passion.

  • CannaPlanners

    CannaPlanners is a full service design and web agency, dedicated to normalizing the cannabis industry through professional and beautiful design services. From logos to packaging design, trade-show materials to t-shirts and hats - we've got all your creative needs covered. Our turnkey WordPress site builder allows for great-looking sites at affordable rates. Let our creative team tell your story!

  • Ravenna Interactive

    Ravenna offers branding, websites, SEO and social marketing services designed to help grow your canna-business. With a foundation in strong communication and integrity we help our clients achieve their growth and digital marketing goals.

  • Accounting For Cannabis

    Accounting for Cannabis proudly assists clients with Marijuana-based businesses to stay compliant with complex cannabis-based accounting regulations. Accounting for Cannabis utilizes technology that not only helps our clients comply with local and federal rules and regulations but also gives them the freedom to do the work they love. We specialize in IRC 280e as well as Cash Management and Internal Control.

  • Releaf App

    The Dispensary Partnership Program uses data collected from patients, via Releaf App, to provide business analytics to dispensaries (USA) and licensed producers (Canada). This data service is creating a new class of dispensaries that are driven outcomes and patient results. The dispensary partnership program shows symptom-specific patient ratings & analytics for the specific cannabis batches and products in a dispensary’s inventory. Dispensaries use this information to give more informed recommendations at the counter.

Looking for a career in the cannabis industry?

Upload your resume and get discovered by industry recruiters for only $1/month

Post Your Resume View all jobs

Recent Job Postings

Additional resources:

Cannabis Books

Learn about the endocannabinoid system & more!

Cannabis Stocks

Find publicly-traded cannabis & hemp companies

Medical Research

Explore our library of medical cannabis studies

Subscribe for daily cannabis news, announcements, and business insights.

Stay informed about the latest cannabis industry news, policy progress, and business developments.