Marijuana Business Factbook 2019

31 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. State-By-State: Legal Overview, Market Data and Outlook | Chapter 2 MJBIZDAILY.COM ALASKA Recreational REGULATORY OVERVIEW Main measure Measure 8 Type of measure Ballot initiative Year passed 1998 Margin of victory 59% to 41% Possession limit 1 ounce of usable marijuana Home cultivation Yes Business regulations Stand-alone medical cannabis businesses are not allowed, as Alaska issues licenses only for its recreational program. BUSINESS TAXES & FEES Application Fees All license types: $1,000 (new), $600 (renewal) License Fees Retail Store: $5,000 Cultivation: $1,000 (limited cultivation facility) Cultivation: $5,000 (cultivation facility) Product Manufacturing: $1,000 (extract-only) Product Manufacturing: $5,000 (product manufacturing) Testing: $1,000 State tax requirements Mature flower $50/oz; immature/abnormal flower $25/oz; trim $15/oz; clones $1/clone State tax collections in 2018 $10,801,357 (FY 2018)