A licensed marijuana retail store may not conduct business on or allow a consumer to access the retail marijuana store’s licensed premises between the hours of 5:00 a.m. and 8:00 a.m. each day.
Canada (Medical and Adult Use)
Banks: 13
Credit Unions: 20
Alaska’s cannabis industry has a residency requirement for business owners proving residency in the state for 1 full calendar year. This is to meet the obligation of Alaska’s Permanent Fund Dividend, which is a state dividend paid out to Alaskan residents derived from surplus revenues gained from the state’s oil and gas industries.
3 AAC 306.355. Limit on quantity sold
(a) A retail marijuana store may not sell to any one person (21 and older) per day:
(1) more than one ounce of usable marijuana;
(2) more than seven grams of marijuana concentrate for inhalation; or
(3) more than 5,600 milligrams of THC in combined sales of marijuana and marijuana products.
THC amounts in edibles are 10mg per dose and 100mg per package.
Adults may possess, grow, process and transport not more than six marijuana plants, with three or fewer being mature, flowering plants.
Alaska allows consumption lounges where board approval of an onsite consumption endorsement is given to a licensed retail marijuana store for consumption on the marijuana retail store premises.
Prior to adult use becoming legalized, Alaskan legislature has swayed in its stance on cannabis:
In 1986, Alaska decriminalized the possession of up to 4 ounces of marijuana (113.4 grams) in the home and up to 1 ounce (28.35 grams) outside of residences.
In 1990, voters approved the Alaska Marijuana Criminalization Initiative, or Ballot Measure 2. This law made possession of small amounts of marijuana a misdemeanor punishable by up to 90 days in jail or a $1,000 fine.
Current medical marijuana use limits include:
No more than one (1) ounce of marijuana in usable form.
No more than six (6) marijuana plants, with no more than three (3) mature and flowering plants producing usable marijuana at any one time.
Greater than one (1) ounce quantities are allowed provided that a patient or his or her primary care-giver must prove by a preponderance of the evidence that any greater amount was medically justified to address the patient’s debilitating medical condition.
Primary caregivers must be 18 or older.
Program:
https://www.commerce.alaska.gov/web/amco/MarijuanaLicenseApplication.aspx
Administrative Actions/Fines:
https://www.commerce.alaska.gov/web/amco/MCBMeetingDocuments
Contact :
Phone: Juneau: (907) 465-2330 Anchorage: (907) 269-0350 Fairbanks: (907) 451-2748
Questions can also be emailed to: marijuana.licensing@alaska.gov
marijuana@alaska.gov
DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT https://www.commerce.alaska.gov/web/
DIVISION OF BANKING AND SECURITIES
https://www.commerce.alaska.gov/web/dbs/
News and Alerts
https://www.commerce.alaska.gov/web/dbs/newsandalerts.aspx
Money Service Businesses
https://www.commerce.alaska.gov/web/dbs/ConsumerFinance/MoneyServiceBusinesses.aspx
Inquiries: dbs.licensing@alaska.gov
Anchorage
E-Mail: dbsc@alaska.gov
550 W 7th AVE, STE 1850
Anchorage, AK 99501
Phone: (907) 269-8140
Toll-Free: (888) 925-2521
Fax: (907) 269-8146
Juneau
E-Mail: dbsc@alaska.gov
Mailing Address
P.O. Box 110807
Juneau, AK 99811-0807
Physical Address
(No US mail delivery)
333 Willoughby AVE, 9th FL
State Office Building
Juneau, AK 99801
Phone: (907) 465-2521
Toll-Free: (888) 925-2521
Fax: (907) 465-1230