There was nearly $1 billion in marijuana and marijuana products sold legally in Oregon in 2024.
(Photo credit: Getty Images).
According to the Oregon Liquor and Cannabis Commission, the state saw $78,553,980 in marijuana sales in December, bringing the total for 2024 to $960 million, and bringing the all-time total to $7.18 billion.
The $960 million in marijuana sold in 2024 resulted in $163 million in tax revenue for the state (this does not include the up to 3% local tax implemented by some cities). Revenue from the state’s 17% marijuana excise tax is allocated 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 programs.
The average price of dried marijuana flower in December again reached an all-time low, dropping to $3.51 per gram. Marijuana concentrate prices stayed the same at $15.83.
Oregon legalized recreational marijuana in 2014, with licensed retail outlets opening the following year. The state’s marijuana laws allow individuals aged 21 and older to carry up to two ounces of marijuana in public and store up to eight ounces at home. The law 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 those 21 and older.
