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Deer Park shut out of state marijuana funds

Deer Park Tribune of Deer Park, Washington

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The city of Deer Park, which did not embrace the 2112 statewide referendum that legalized marijuana, will not be able to share in the proceeds from its sales.

Washington State took in $65 million in tax revenue from the recreational marijuana market during the first 12 months since it became legal to produce and sell the product, according to data released by state regulators.

The revenue was generated by cannabis sales of more than $260 million from June 2014 to June 2015, according to data released by the Washington State Liquor Control Board, which oversees the production and sale of cannabis.

Deer Park, however, will receive no money since the city council instituted a moratorium on businesses selling the product soon after the referendum was approved by voters.

Spokane County, which has generated $25.5 million in retail sales so far in 2015, is expected to receive about $442,918 as its share of taxes generated from marijuana sales.

Stevens County, which has three retail outlets, has generated $1.23 million in sales this year.

Pend Oreille County has no retail marijuana outlets.

Adams, Columbia, Garfield, Lincoln and Wahkiakum counties also have no retail marijuana businesses.

King County will receive the most fund: approximately $965,308 this year.

The town of Millwood will receive $80,000, which it plans to use to offset contract costs with the Spokane County Sheriff's Department for law enforcement.



Copyright 2015 Deer Park Tribune, Deer Park, Washington. All Rights Reserved. This content, including derivations, may not be stored or distributed in any manner, disseminated, published, broadcast, rewritten or reproduced without express, written consent from SmallTownPapers, Inc.

Original Publication Date: November 4, 2015



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