1. A NEW HIGH

    Washington Pot Sales Hit $3.8M

    Bob Leeds, co-owner of Sea of Green Farms, shows some of the marijuana he produces during a tour of his company's facility in Seattle, Washington June 30, 2014. The state is poised on Monday to become the second after Colorado to allow retail sales of recreational marijuana to adults, under a heavily regulated and taxed system that voters approved in November 2012. Stores could begin operations as early as Tuesday, with up to 20 expected to open statewide. Picture taken June 30, 2014.  REUTERS/Jason Redmond  (UNITED STATES - Tags: BUSINESS DRUGS SOCIETY) - RTR3XC9N

    Jason Redmond/Reuters

    Pot smokers in Washington propelled the state’s first month of legal marijuana sales to just under $3.8 million, meaning more than $1 million in state taxes, the state reported Friday. Licenses have been issued to about 40 stores, though only 18 sold marijuana in July and 16 have reported August sales. “It’s off to a healthy start, considering that the system isn’t fully up and running yet,” said a spokesman for the Washington Liquor Control Board. For comparison, Colorado collected close to $2 million in excise and sales taxes in its first month of retail marijuana sales.

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