Oregon’s marijuana industry generated$78 million in sales in March, a notable increase from the $70 million sold in February.
In March, licensed marijuana stores and dispensaries in Oregon sold $78,444,557 worth of marijuana and marijuana products, according to the Oregon Liquor and Cannabis Commission. Although this is a roughly 5% decrease from the $82 million sold in March 2024, the actual amount of cannabis sold is higher, given prices are down over 10%.
In March, Multnomah, by far, was the county with the most sales, at $17.3 million, following by Malheur at $8.5 million, and Washington at $8.4 million. March’s marijuana sales bring the state’s all-time total to above $7.4 billion.
The price per gram of dried marijuana in March remained steady from February, at $3.47. The price of concentrates went up slightly, to $16 per gram (up from $15.83).
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.
