Legal cannabis sales continue to surge in Washington. During the second quarter of 2016, Tacoma’s News Tribune reports, total revenue from marijuana eclipsed $200 million for the first time in a single quarter.
That puts it hot on the heels of hard alcohol:
In the first quarter of 2016 — January, February and March — people spent $54.8 million more on spirits than marijuana, which includes the cost of the products and its associated taxes. By the second quarter — April, May and June — that gap closed to nearly $37 million. […]
Marijuana sales in the second quarter of 2016 amounted to nearly $212 million. Spirits sales in the same period amounted to almost $249 million.
Retail cannabis sales continued to grow during Q3, surging to $278.6 million on the back of the state shuttering medical marijuana storefronts, likely further narrowing the gap between marijuana and hard alcohol sales.
There’s an outside shot the gap has closed entirely, pushing pot sales beyond those of spirits for the first time, but for now we’ll have to speculate. Third quarter figures for spirits won’t be released until early 2017.