Alaska Measure 2 went into effect on February 24, 2015, allowing Alaskans age 21 and older to possess up to an ounce of cannabis and six plants.
The Board of Alcoholic Beverage Control created Alaska's Alcohol and Marijuana Control Office (AMCO) within their
Department of Commerce, Community, and Economic Development (DCCED). That's a lot of letters and a lot of tax revenue.Business[edit]
The state of Alaska collected its first full month of cannabis tax proceeds in November, 2016, raising $80,000 for the state; cannabis buds are taxed at $50/oz and stems and leaves at $15/oz.[6] The state reported FY 2017 marijuana tax revenue of $1,745,767 (cultivators only - not retail).[7] In December 2016 and January 2017, widespread supply shortages were reported, causing many cannabis shops to temporarily cease operations until inventory was restored.[8] In January 2017, Anchorage Assemblyman Forrest Dunbar proposed legislation banning cannabis stores from advertising discounts to active-duty military, who are prohibited by federal policy from consuming cannabis.
