marijuana washington state felony drug possession
Marijuana Business News

Which Washington Marijuana Store Sold The Most Marijuana In 2014?

marijuana washington state felony drug possessionRecreational marijuana sales began in Washington State in July 2014. At first there were supply shortages, high prices, and not that many stores. There are still not that many stores compared to how many there will eventually be, but supplies are abundant and as a result prices have dropped. The numbers are out for 2014, and one marijuana store stood above the rest when it came to overall sales. One would likely think that a store in Seattle would have sold the most marijuana, however, that’s not the case. Per Marijuana Business Daily:

The highest-grossing retail marijuana shop in Washington State is located just a few miles from the border with Oregon, which is in the process of setting up its own recreational cannabis industry.

The New Vansterdam retail store – in Vancouver, Washington – recorded $3.2 million sales from the start of legalized rec in July through the end of 2014. The shop is just minutes from Portland, Oregon, which has a population of more than 600,000 residents.

Its sales outpaced Cannabis City in Seattle, which generated $3.19 million, the Seattle Post-Intelligencer reported, citing data from the Washington State.

I’d expect the sales numbers to stay strong along the Oregon border for about another six months, but then they will slowly decrease as Oregon implements it’s own marijuana legalization law. At first more and more Oregonians will grow their own marijuana (something that Washington residents aren’t allowed to do). Then eventually stores will open in Oregon, and people won’t be crossing the border to buy marijuana anymore, as Oregon marijuana prices are going to be significantly lower than Washington’s due to a much lower tax rate on products.

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  • Nathaniel

    That is a nice number given the cost of products in Washington. I think we here in Oregon will see low-mid grade herb prices very comparable to that of low end costs in California.
    If prices can be kept in the $150-$200 per ounce for reasonable quality product, and $250-$300 for top shelf strains, the black market will all but disappear.

    • tryingtocalmdown

      problem in wa is that the black market still supplies good weed at the “regular” price ($80/qtr). the taxes are certainly high on legal weed–good hybrid grams are $24 with all taxes applied. Until that price gets down to $15 or maybe $17 or 3g for $50, the black market will continue to thrive. I’m sure Oregon will do better than WA. you are right though. keep hq ounces at no more than $300 and the black market will indeed dry up.

      • David

        Much depends upon what Seattle does with it’s numerous dispensaries. They still offer the best cannabis value in America. That’s why the rec. store owners want them destroyed

        • tryingtocalmdown

          that may be true but the dept. of revenue is more interested in getting tax money and the lcb wants them licensed. the weed isn’t tested either. agree it is good cannabis value overall. i’m all about getting good weed legally for a fair price. the rec stores want to be able to sell medical too. the current system needs to be cleaned up so that it doesn’t give the feds a reason to shut things down before calif goes legal.

      • Bongstar420

        Did you even do the calculation for their tax rate? If they lower their prices, they pay less taxes. Not in Oregon. The tax is $35/oz flat on the grower. They are sellin $100-150/oz outs now untaxed and….wait for it…..$190-220/oz for ins.

        The only consumer that “needs” to “worry” is the unskilled, heavy user who has consumption control issues. Otherwise, it will be cost effective to have a job, buy some pot and grow some pot.

        Oregons prices will be: (current dispensary prices/.66)+$35/oz

        or

        $340/oz for good ins…..and that translates to $1.20/dose (20mgTHC)

        The reason you have to do the divided by .66 is because OMMP growers don’t sell most of their product through dispensaries and therefore do not pay income taxes on most of it.

  • spadlo

    Good to know. Do you think that dolt DMadore reads this blog or runs the numbers?
    The numbers of the sale of numbers would add more numbers to the tax revenue of the County if he and his minions would step off. Be sure to vote him out when the time comes.