Since the start of legal recreational marijuana sales in Oregon, the state has garnered well over $1 billion in tax revenue, with localities garnering an additional over $150 million.
Oregon was the third state to legalize recreational marijuana in 2014, following Colorado and Washington’s lead in 2012. Due to bureaucratic delays, the first licensed marijuana store didn’t open until October, 2016.
The law allows those 21 and over to possess up to two ounces of marijuana in public and eight ounces at home, in addition to up to one ounce of marijuana extracts, 16 ounces of marijuana-infused solids, and 72 ounces of marijuana-infused liquids are allowed. Licensed retailers are authorized to sell marijuana and marijuana products.
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