The Oregon Liquor and Cannabis Commission has released marijuana sales data for July.
According to the data, consumers purchased $81,880,154 worth of marijuana in July. This includes dried marijuana flower and shake as well as marijuana products including hash, oil, edibles, topicals and vape cartridges.
The $81.8 million sold in July is an increase of around $1.5 million compared to the total sales in June, but a decrease from the $84.5 million sold in July, 2022.
Oregon garnered $13.9 million in taxes from July’s marijuana sales. At the state level marijuana is taxed at a steady rate of 17%. These figures don’t account for local marijuana taxes of up to 3%.
The average price per gram of dried marijuana is up just $0.07 from last month’s all-time low of $3.79 per gram. The price per gram of marijuana concentrates, however, decreased in July, $16.66 to an even $16.
Total sales-to-date since the start of recreational marijuana sales in October, 2016 is a little over $5.8 billion. This has resulted in around $990 million in new tax revenue for the state.
Oregon’s marijuana law was approved by voters in 2014, with the first marijuana store opening in 2016. Under the law those 21 and older are allowed to possess up to two ounces of marijuana, or eight ounces at home, as well as one ounce of marijuana extracts, 16 ounces of marijuana-infused solids and 72 ounces of marijuana-infused liquids.
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