Pot sales continue surge in August
Spokane County marijuana stores reported $4.2 million in sales in August, bouncing back after the new tax structure caused a dip in July's revenue total.
Sativa Sisters on Trent Avenue reported the most sales of the county's 15 stores last month, with $581,453 worth of product sold. Greenlight had been the top-selling store in Spokane County every month so far in 2015, but the store closed down for several days after a robbery occurred there Aug. 3.
All sales figures were reported this week by the Washington Liquor and Cannabis Board.
The five stores that sold the most marijuana in August were:
- Sativa Sisters - $581,453
- Greenlight - $552,638
- Satori - $525,453
- Cinder (Valley) - $450,912
- Cinder (Division) - $384,861
In total, Spokane County stores reported sales 10.6 percent higher than July, when a new tax structure that imposed a single excise tax at the point of sale went into effect.
Statewide, Washington's 173 retail marijuana shops reported sales of $66 million in August, up from $59 million in July.
Growers reported more sales in August than July as well, with 33 producers posting revenues of $361,582. The five marijuana producers reporting the most last month in revenue were (location in parentheses):
- Mean Green (Cheney) - $115,734
- D & L Enterprises (Cheney) - $109,516
- Montgomery Avenue Growers (Cheney) - $58,323
- Family Plot (Cheney) - $19,462
- Freedom Farms (Spokane Valley) - $14,219
Processors reported slightly less income in August as compared to July on Thursday. Revenues of $2.9 million were reported by 58 companies, down from $2.95 million the month before. Processors sometimes post their revenue later than retail shops, indicating August may turn out to be a more lucrative month than July in the long run.
The five marijuana processors reporting the most revenue last month were:
- Grow Op Farms - $855,652
- Growstate-One - $350,913
- Blue Roots Cannabis - $171,394
- Farmer J's - $130,101
- The Happy Crowd - $106,931