According to recent data from the Oregon Liquor and Cannabis Commission, legal marijuana sales in April amounted to $81,436,230.
This figure represents a slight decrease from the $82,352,507 recorded in March, yet remains substantially higher than the $75.6 million in January and the $75.9 million in February.
Since the initiation of recreational marijuana sales in October 2016, cumulative sales have now surpassed $6.541 billion. Through April, total sales for 2024 have amounted to $315 million thus far. Since legalization, Oregon has amassed more than $1.1 billion in tax revenue from these sales.
April also saw record lows in the average prices for both dried marijuana flower and marijuana concentrates. The average price per gram for concentrates dropped to an all-time low of $15.38, following four straight months of the average price remaining $16. Dried flower reached a low of $3.68 per gram, undercutting the previous lows set in April, 2023 by $0.01.
The state, with their 17% marijuana excise tax, collected $13,999,926 in taxes from the April sales. To date, Oregon has amassed about $55 million in marijuana tax revenue in 2024.
Oregon became the third state to legalize recreational marijuana in 2014, following Colorado and Washington in 2012. The law permits those 21 and older to possess up to two ounces of marijuana in public and up to eight ounces at home. It also allows for the possession of one ounce of marijuana extracts, 16 ounces of marijuana-infused solids, and 72 ounces of marijuana-infused liquids. Licensed marijuana retail outlets can sell to anyone 21 and older.
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