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Oregon Reports Initial Recreational Sales

Let’s take a look at Oregon’s reported sales during the start of legal cannabis sales.


After just one week of recreational marijuana sales, Oregon dispensaries have raked in an estimated $11 million. That figure could mean the state’s estimate is shockingly low for how much money it’ll make when pot taxes kick in this January.
. . .
The Oregon Retail Cannabis Association told KGW after tallying up sales from its members statewide and factoring in projections, they estimated $3.5 million was generated in sales on the first day, October 1.

One week in, Oregon is already far ahead of dollars spent on pot, compared to Colorado’s first week of legal recreational sales — at $5 million. Washington took one month to sell its first $2 million, according to Marijuana Business Daily.
. . .
Oregon recreational marijuana sales are all tax-free until January. Once that 25% tax gets added on, it’ll go towards helping fund schools, mental health programs, state police, and the cities and counties that are allowing recreational sales.

Find the complete original post  HERE.



[Image via: Google images “cannabis in Oregon”]

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Author: DavidB

a heathen, but hopefully not an unenlightened one

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