{"id":18505,"date":"2016-11-30T19:20:33","date_gmt":"2016-12-01T03:20:33","guid":{"rendered":"http:\/\/spijue.wpengine.com\/news\/alaska-collecting-first-tax-deposits-from-pot-businesses\/"},"modified":"2016-11-30T19:20:33","modified_gmt":"2016-12-01T03:20:33","slug":"alaska-collecting-first-tax-deposits-from-pot-businesses","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/news\/alaska-collecting-first-tax-deposits-from-pot-businesses\/","title":{"rendered":"Alaska collecting first tax deposits from pot businesses"},"content":{"rendered":"<p><strong>ANCHORAGE \u2014 <\/strong>The state has begun receiving its first tax payments from marijuana businesses, one month after the start of legal pot sales in Alaska.<\/p>\n<p>The Department of Revenue said the first cash deposit from a pot shop came Monday. Leif Abel, co-owner of Greatland Ganja in Kasilof, became the second owner to pay when he dropped off $5,600 in tax money on Tuesday, KTUU-TV reported.<\/p>\n<p>\u201cWe\u2019re proud to be able to come in and pay our first marijuana tax. It\u2019s something that we\u2019ve been we\u2019ve been working toward for between two and three years now so it\u2019s nice to finally reach this day,\u201d Abel said. \u201cIt\u2019s kind of as big of a day as our first sale was to us.\u201d<\/p>\n<p>The state has set up a deposit safe at the Permanent Fund Dividend office for business owners to drop off their tax payments. It\u2019s Alaska\u2019s only in-person drop site for cash.<\/p>\n<p>The payment process helps owners avoid having to deal with banks that are leery about working with pot businesses because marijuana remains illegal at the federal level.<\/p>\n<p>Business owners can also submit payments by mail, wire transfer or electronically, according to officials.<\/p>\n<p>Abel said his Kasilof business mostly deals in cash because most banks and credit unions won\u2019t allow his cultivation operation to open a bank account.<\/p>\n<p>\u201cAnd so unless I want to do some sort of financial acrobatics, I have cash and that\u2019s what I have to give to the state,\u201d Abel said.<\/p>\n<p>He praised the state\u2019s tax system for being efficient and easy to follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ANCHORAGE \u2014 The state has begun receiving its first tax payments from marijuana businesses, one month after the start of legal pot sales in Alaska. The Department of Revenue said the first cash deposit from a pot <a  href=\"https:\/\/www.juneauempire.com\/shop\/\">shop<\/a> came Monday. Leif Abel, co-owner of Greatland Ganja in Kasilof, became the second owner to pay when [&hellip;]<\/p>\n","protected":false},"author":107,"featured_media":18506,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":4,"footnotes":""},"categories":[4],"tags":[230],"yst_prominent_words":[],"class_list":["post-18505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-state-news"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/18505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=18505"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/18505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media\/18506"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=18505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=18505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=18505"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=18505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}