Where is marijuana money going in Washington State? Here's the a - Spokane, North Idaho News & Weather KHQ.com

Where is marijuana money going in Washington State? Here's the answer

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Marijuana sales in Washington hit nearly $260 million in July. That means the state saw $70 million in taxes. So where is that money being spent? Marijuana sales in Washington hit nearly $260 million in July. That means the state saw $70 million in taxes. So where is that money being spent?
SPOKANE, Wash. -

Marijuana sales in Washington hit nearly $260 million in July. That means the state saw $70 million in taxes. So where is that money being spent?

According to the Washington State Office of Financial Management, here's what we found out: 

Every three months:

-$125,000 goes to the Department of Social and Health Services to design and administer the Washington state healthy youth survey, analyze the collected data, and produce reports. It is meant as a state sponsored evaluation of drugs and their effect on the youth of Washington and how substance use affects school performance and behavior.

-$50,000 goes to that same department to conduct a cost-benefit evaluation of the industry at large and determine its effectiveness as a branch of the state government.

-The University of Washington will receive $5,000 of the Dedicated Marijuana Fund money to use within its alcohol and drug abuse institute, where it will study the health and safety risks posed by marijuana use.

-The Liquor Control Board itself will take no more than $1,250,000 for the upkeep and administration of marijuana’s regulation.

That’s $1,430,000 every three months, which is cut off the top of all marijuana related revenue.

Of the funds left:

-50 percent will go to the state basic health plan trust account

-15 percent will go to the Department of Social and Health Services for marijuana prevention programs

-10 percent will go to the Department of Health for marijuana education programs

-5 percent will end up with the Washington state health care authority to provide primary health and dental care

-1 percent will go to UW and Washington State University to study the long-term effects of marijuana use

Starting Monday, Oct. 12, the Washington State Liquor and Cannabis  Board will begin accepting and processing applications for retail marijuana licenses using the priority criteria set forth in the Cannabis Patient Protection Act. Below is a step by step guide to help applicants better understand how the process works. Please visit the WSLCB Marijuana section of the website for more information.

To apply for a retail license CLICK HERE.

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