Nearly $14K in Daily Revenues for Seattle Rec Shop

The Emerald City’s second recreational marijuana shop is rolling in the green.

Uncle Ike’s, which opened on Sept. 30, averaged $13,736 in sales per day in its first week of operation. That equates to about $3,500 in excise tax revenue for the state each day.

If the pace holds up, the store could generate $4.8 million in recreational marijuana sales.

Uncle Ike’s began serving customers more than two months after the start of recreational sales in the state, becoming just the second shop in Seattle to open.

The store recorded almost $17,000 in revenues on its first day of sales as customers lined up around the block.

Ike’s was also the target of a local protest recently, with parishioners from a nearby church calling for the store to be shut down.

Daily News | Briefs | Recreational Marijuana News | Sales, Funding & Banking News | Washington State Medical Cannabis Business & Marijuana Legal News

 3 Comments

  1. Otis October 15, 2014
  2. David October 20, 2014
  3. Jake October 22, 2014

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