Advertisment: OHP » OHP Order 112 » CBT ROS Banner 970x250 July 2025 » ohp-april-botanigard.Xr9R0z1R68.gif.avif

Marijuana money boosts Washington’s budget


Noelle New Headshot Fmt Headshot

OLYMPIA — Washington tax coffers could get a $25 million boost by next July and nearly $200 million by mid-2017 from legal marijuana, state economists estimate. But much of that money is spoken for and won’t help the general fund.

The estimates for taxes and fees the state can expect from recreational marijuana, the first such available, are contained in overall economic and revenue forecasts released Thursday afternoon. In general, the state’s budget outlook is changed slightly for the better from the June forecast, economist Steve Lerch said.

Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570
Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570

The marijuana money won’t be much help to the state’s general fund budget, which pays for most salaries and programs outside of roads and construction. More than half the taxes and fees collected from pot are required to go to specific programs spelled out in Initiative 502, the ballot measure that made recreational use of the drug legal for adults.

Advertisment: Hanwha Vision » Hanwha Vision Order 78 » CBT ROS 300x250 Medium Rectangle July 2025 » D53_Cannabis-Business-Times_300x250_v1
Advertisment: Frank Mayer » Frank Mayer Order 84 » CBT ROS Medium Rectangle 300x250 July 2025 » CBT Web Ad - July 2025

Read more

Advertisment: Frank Mayer » Frank Mayer Order 84 » CBT ROS Medium Rectangle 300x250 July 2025 » CBT Web Ad - July 2025
Advertisment: Frank Mayer » Frank Mayer Order 84 » CBT ROS Medium Rectangle 300x250 July 2025 » CBT Web Ad - July 2025
Page 1 of 656
Next Page
Advertisment: Greentank » Greentank Order 111 » CBT ROS Mobile Adhesion 360x120 July 2025 » GT AC ADS 600X200@2x