OR: Marijuana Taxes Collected Continue To Decline

[Katelyn Baker]

Sales of recreational marijuana in Oregon continued to plummet in December, figures from the Oregon Department of Revenue show.

Taxes collected on sales totaled $5.6 million in December, a 13 percent decline from November and a 28 percent drop from the peak of $7.8 million in October.

For the year, tax collections totaled $60 million, a sizable boost above the $45 million expected by state officials at the beginning of the year.

Marijuana retailers have said in recent months that demand remains strong for their products, but sales have suffered because of tight supplies. Questions about pesticide use and changes in the permitting of retailers combined to decrease availability.

News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Marijuana Taxes Collected Continue To Decline
Author: Staff
Contact: Statesman Journal
Photo Credit: Molly J. Smith
Website: Statesman Journal

 

[DeanB]

What happens to the 15 million dollars they got over there estimated 45 million? Does it go to the tax payers, like a kicker?

 

[Dwight Monk]

What happens to the 15 million dollars they got over there estimated 45 million? Does it go to the tax payers, like a kicker?

You're funny like they going to do that lol

 

[Budley Dorite]

What happens to the 15 million dollars they got over there estimated 45 million? Does it go to the tax payers, like a kicker?

Not in Oregon Dean, it's tax & spend. That money is already gone up in smoke