The Marijuana Policy Group has released a new report, "Market Size and Demand for Marijuana in Alaska," with a major finding that "the state-wide value of first-year sales would be $55.6 million, assuming the pre-tax retail price is similar to Colorado during their first year ($14 per gram)."
The report also estimates, "If the State of Alaska levies a $50 per ounce unit tax upon the sale of marijuana as specified in the ballot measure, total tax revenues would equal $7.1 million during the first year of sales."
About MPG:
The Marijuana Policy Group (MPG) was formed in 2014 as a collaborative effort between Colorado university researchers and BBC Research & Consulting in Denver. Both entities have offered custom economic, market, financial and policy research and consulting services for over 40 years. The MPG mission is to apply research methods rooted in economic theory and statistical applications to inform regulatory policy decisions in the rapidly growing legal medical and recreational marijuana markets.
You can access the full report here: MPG Alaska-Demand-and-Taxes 10-27
