August marked the 20th consecutive month where Oregon’s legal marijuana sales were above $75 million.
Data compiled and released by the Oregon Liquor and Cannabis Commission shows that there was $78,565,729 worth of marijuana sold legally in August, a roughly $5 million decrease from the $84 million sold in July. All-time sales are now over $6.9 billion, with the year-to-date total standing at around $725 million.
The average price of dried marijuana flower stayed exactly the same in September compared to August, at $3.75. However, the price of concentrates dropped slightly, from $16.48 to $16.25.
In August, the average revenue generated per marijuana retail outlet was around $111,000.
Oregon legalized recreational marijuana in 2014, making it the third state to do so after Colorado and Washington’s 2012 decisions. The 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.
Oregon’s marijuana tax stands at 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.
