There was nearly $80 million in marijuana sold legally in October throughout Oregon, bringing the all-time total to above $7 billion.
There was exactly $79,544,768 worth of marijuana and marijuana products sold in Oregon in October, according to data released by the state’s Liquor and Cannabis Commission. This marks a slight increase from the $78,565,729 worth of marijuana sold legally in August and the $78.7 million sold in October 2023.
Oregon legalized recreational marijuana in 2014, with licensed retail outlets opening the following year. Since then, the state has sold $7.02 billion in marijuana legally, resulting in around $1.2 billion in tax revenue.
Oregon’s marijuana law allows everyone 21 and over to carry up to two ounces of marijuana in public and store up to eight ounces at home. It also allows possession of one ounce of marijuana extracts, 16 ounces of marijuana-infused solids, and 72 ounces of marijuana-infused liquids. Licensed retailers are authorized to sell these products to individuals 21 and older.
The average price of dried marijuana flower dropped from $3.75 in September, to a new all-time low of $3.60 as of October 31. The average price of marijuana concentrates also dropped to an average of $16.22.
In October, 53% of of the purchases was for “usable MJ”, 25% for concentrates, 11% for edibles and tinctures, and 11% split among all other item types.
Oregon has a marijuana tax rate of 17%, with local governments able to add up to 3%. The revenue is distributed as follows: 40% to the State School Fund, 20% to mental health and treatment services, 15% to the State Police, 20% to local law enforcement, and 5% to the Oregon Health Authority for drug treatment and prevention.
In November, voters will decide on Measure 110, the United for Cannabis Workers Act, introduced by UFCW Local 555. The measure seeks to protect cannabis workers’ rights to organize and bargain collectively under state law. It does not mandate union membership but ensures workers can join if they choose.
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