Oregon: $70.8 Million in Legal Marijuana Sold in February, Lowest Total Since February 2020

Licensed marijuana stores in Oregon sold $70.8 million in marijuana and marijuana products in February.

Total legal marijuana sales reached $70,802,522 in February, according to the Oregon Liquor and Cannabis Commission. This is the lowest monthly total since February 2020, when sales were $69 million, marking a 6.8% decrease from the $76 million recorded in February 2024 and last month. The decline is attributed to record-low prices, with a gram of dried marijuana averaging $3.43.

In February, Multnomah, by far, was the county with the most sales, at $15.7 million, following by Washington at $7.6 million and Malheur at $7.5 million. All three experienced a 5% – 10% decrease in sales from the previous month.

All-time marijuana sales in Oregon are now $7.33 billion.

Oregon legalized recreational marijuana in 2014, allowing those 21 and older to possess and use up to two ounces of marijuana (eight ounces at a private residence), as well as allowing them to posses concentrates and a variety of marijuana products such as edibles and topicals. Licensed marijuana stores opened the following year.

The state imposes a 17% tax on recreational marijuana sales, with local governments authorized to add up to an additional 3%. Revenue from these taxes 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.

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