Oregon Made Over $8 Million in Taxes From Legal Marijuana Sales in September

In September those in Oregon purchased enough marijuana legally for the state to earn over $8 million in tax revenue.

More precisely, Oregon made $8,054,422 in marijuana taxes in September, according to new data released by the Oregon Department of Revenue. Although this is lower than the record setting $10.1 million made in August, it represents a an 8% increase from the $7.4 million garnered in September, 2017.

Of the $8 million in marijuana taxes made in September, roughly $6.9 million came from the statewide marijuana tax (17%), with the remaining $1.1 million coming from local taxes (up to 3% per locality).

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Oregon Garnered Over $10 Million in Marijuana Taxes in August, Setting New Monthly Record

According to the Oregon Department of Revenue, the state made over $10 million in taxes from legal marijuana sales in August.

In total, Oregon garnered $10,114,594 million in marijuana taxes in August, narrowly beating  out the previous monthly record set in July (the record before that was the $9.2 million made in January). August’s taxes were made from the sale of around $50 million worth of marijuana and marijuana products.

Of the $10.1 million in marijuana taxes made in August, $8,791,774 came from the state’s tax on marijuana; the remaining $1,322,820 came from local taxes.

Read moreOregon Garnered Over $10 Million in Marijuana Taxes in August, Setting New Monthly Record

Oregon Garners $9 Million in Marijuana Taxes in May

Oregon garnered $9 million in marijuana taxes in May.

According to the state’s Department of Revenue, Oregon garnered $9 million in marijuana sales taxes in May.  Only one time in the state’s history has more marijuana tax revenue been garnered in a single month (January of this year with $9.3 million).

Of the $9 million in taxes garnered in May, $7.8 million came from a 17% statewide sales tax, with the remaining $1.2 million coming from citywide taxes (which under law can be as high as 3%).

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Oregon Brings in Nearly $9 Million in Taxes from Legal Marijuana in April

Oregon made nearly $9 million in taxes from legal marijuana sales in April.

According to Oregon’s Department of Revenue, the state garnered $8,868,932 in marijuana sales taxes in April of this year. This marks an over 70% increase from April, 2017, when the state brought in a little over $5 million in marijuana taxes.

Of the $8.8 million in taxes garnered in April, the vast majority – $7.6 million – came from Oregon’s 17% state tax on marijuana. The remaining $1.2 million came from local taxes, which can be up to 3%.

Read moreOregon Brings in Nearly $9 Million in Taxes from Legal Marijuana in April

Oregon: Nearly $8 Million in Marijuana Taxes Garnered in March

Oregon made nearly $8 million in taxes from legal marijuana sales in March, a slight increase from the month prior.

According to Oregon’s Department of Revenue, the state garnered $7,839,406 in marijuana sales taxes in March of this year. $6,768,304 of this came from state sales taxes, with the remainder coming from local marijuana taxes. This is a slight increase from the $6,700,855 in marijuana sales taxes garnered in February ($7,708,791 when counting local taxes).

With the newest data the state is on tract to garner nearly $90 million in marijuana taxes for 2018. This would well surpass the $68,646,246 the state made in 2017, and the approximately $60 million made in 2016.

Read moreOregon: Nearly $8 Million in Marijuana Taxes Garnered in March

Oregon Garnered Over $68 Million in Marijuana Taxes in 2017

Oregon brought in over $68 million in taxes from the legal sale of marijuana and marijuana products in 2017.

According to data released by the Oregon Department of Revenue, the state made exactly $68,646,246 from marijuana taxes in 2017. This tops the roughly $60 million in marijuana taxes the state made in 2016.

Oregon’s biggest single-month marijuana tax gain in 2017 came in November, with slightly over $7 million garnered (in 2016 the most taxes made in a single-month came in October, with $7,8 million earned). The slowest month came in March, when the state made $4.4 million in cannabis taxes.

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Oregon Officials Triple Penalty for Marijuana Stores Selling to Minors

Oregon officials have announced that, at least temporarily, they’re tripling the penalty associated with businesses unintentionally selling marijuana or marijuana products to minors. 

The Oregon Liquor Control Commission, which oversees the state’s legal marijuana industry, made the announcement yesterday. The change follows a statewide sting operation which found that almost 20% (1 in 5) of state-licensed marijuana outlets sold cannabis to a customer under the legal age of 21.

“There’s no margin for error on making sure that marijuana doesn’t get in the hands of minors – period,” said commission Chair Paul Rosenbaum in a statement. “The integrity of Oregon’s regulated system depends on industry compliance across the board.”

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Oregon Legislature Votes to Create Cannabis Commission

Lawmakers have voted in favor of creating the Oregon Cannabis Commission to oversee the state’s medical marijuana program.

marijuana retail outletsOn Wednesday Oregon’s House voted 48 to 11 to approve House Bill 2198, which was followed by an 18 to 12 vote in the Senate the next day. The proposal will now be sent to Governor Kate Brown, who has the option of signing it into law, vetoing it or allowing it to become law without her signature.

The proposal would establish the Oregon Cannabis Commission within the Oregon Health Authority, along with other changes. If the measure does become law, the commission would consist of the Public Health Officer or designee, along with eight members appointed by the governor as follows:

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Oregon Governor Signs Bill Altering Marijuana Penalties, Removing Marijuana from Controlled Substances Act

Legislation altering Oregon’s marijuana penalties, and removing marijuana from the Uniform Controlled Substances Act, has been signed into law by Governor Kate Brown

marijuana retail outletsSenate Bill 302 was signed into law yesterday by Governor Kate Brown. It was passed by the Senate last month with a 21 to 8 vote, and approved by the House of Representatives 34 to 21 earlier this month. The proposal took effect immediately after being signed by Governor Brown.

The new law reduces the penalty for possessing more than the legal one ounce limit, but less than four times that limit. However, it would increase the penalty for possessing over 16 times the legal limit (anything over a pound. The measure also “repeals additional penalties for the possession, manufacture, or sale of marijuana within 1,000 feet of a school”, and “moves criminal penalties and related provisions from the CSA [Controlled Substances Act] to the Control and Regulation of Marijuana Act”.

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Oregon Legislature Passes Bill Preventing Marijuana Businesses From Retaining Customer Info

An Oregon bill requiring marijuana businesses to “destroy” customer information after a certain period of time has been passed by the state’s House and Senate.

Senate Bill 863 was passed by the House of Representatives today with a 53 to 5 vote; it was passed by the Senate last month 21 to 6. It will soon be sent to Governor Kate Brown, who is expected to sign it into law. The proposal would prohibit marijuana retailers and medical marijuana dispensaries “from retaining identification information of consumers and registry identification cardholders for more than 48 hours after close of business on business day on which marijuana retailer or medical marijuana dispensary acquired information.”

The legislation would also prohibit prohibit marijuana retailers from “recording, retaining and transferring type of information that is  contained on passport, driver license, military identification card or other identification card that bears picture of person.”

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