Oregon Garners $15 Million in Cannabis Taxes in First Five Months of 2016

Cannabis being sold at Pure Green in Portland.
Cannabis being sold at Pure Green in Portland.

Legal cannabis sales in Oregon have netted the state roughly $15 million in taxes in the first five months of the year (from January 1st to May 30th). This is according to data released by the Oregon Department of Revenue.

Although the number pales in comparison to the $50 million in taxes Colorado has gained from cannabis sales in just the first four months of this year, Oregon’s sales are based strictly on the relatively small number of medical cannabis dispensaries that have opted to take advantage of a law passed last year that allows them to sell to anyone 21 and older – patient or not – until licensed cannabis retail outlets open next year (these outlets will be licensed by the Oregon Liquor Commission).

Read moreOregon Garners $15 Million in Cannabis Taxes in First Five Months of 2016