home

Posted on April 22, 2017, 5:59 pm
56 secs
0 [post-views]view 48 secs
Marijuana Stocks Daily

The legal marijuana industry in Washington employs thousands in full-time positions, according to a new report.

The report, released by the Washington State Institute for Public Policy (WSIPP), found that at the end of 2016 the legal marijuana industry accounted for the equivalent of 6,227 full-time jobs. With the industry continuing to grow at a rapid pace, that number is likely considerably higher now, as we head deep into the second half of 2017.

The report states that wages for the marijuana industry have totaled $286 million from 2014, to the end of 2016. The average hourly pay rate for the industry has been $16.45 (over $5 an hour more than the state’s minimum wage), with the median range being $13.44 an hour.

According to data released by the Washington State Liquor and Cannabis Board, there was over $1,3 billion in legal marijuana sold in Washington in fiscal year 2017, which began on July 1st, 2016, and ended on June 30th, 2017. From  these sales, the state garnered over $314 million in taxes.

About Anthony Martinelli

Anthony, co-founder and Editor-in-Chief of TheJointBlog, has worked closely with numerous elected officials who support cannabis law reform, including as the former Campaign Manager for Washington State Representative Dave Upthegrove. He has also been published by multiple media outlets, including the Seattle Times. He can be reached at TheJointBlog@TheJointBlog.com.

Source: joint

Marijuana Stocks Daily

Leading Cannabis Industry News Source

We are here to inform you on the most recent marijuana news out there. We know is hard to find a reliable news source and we can help with that. Sign up for our news letter and get weekly up dates on political and financial news.

15
Jun
The bipartisan CARERS Act would allow the possession, production, and distribution of
3 mins 0
15
Jun
WASHINGTON – June 15, 2017 (Investorideas.com Newswire) U.S. Sens. Rand Paul (R-KY),
6 mins 0

Bipartisan Measure to End Federal Prohibition of Medical Marijuana Introduced in U.S. Senate

The bipartisan CARERS Act would allow the possession, production, and distribution of medical marijuana in states that have legalized it. It would also lift the
Anthony Martinelli on News / 15, Jun / 0

Bipartisan Bill to End Federal #Prohibition of #MedicalMarijuana Reintroduced in U.S. Senate

WASHINGTON – June 15, 2017 (Investorideas.com Newswire) U.S. Sens. Rand Paul (R-KY), Corey Booker (D-NJ), and Kirsten Gillibrand (D-NY) reintroduced a bill Thursday that would
admin on Braking News / 15, Jun / 0