skip to Main Content
Oregon Close to Adult Use Cannabis Tax, But It Won’t Kick in For 6 Months

SALEM — A key legislative committee on Tuesday approved a bill that would establish a sales tax on recreational marijuana sales in Oregon — but that could also give bargain shoppers some tax-free pot buying opportunities in the coming months.

The legislation calls for a sales tax of up to 20 percent once state-licensed recreational marijuana retailers open shop sometime in the latter half of 2016.

In the meantime, House Bill 2041, calls for the Legislature to have a stiffer tax of 25 percent if lawmakers decide to go ahead with a temporary program to allow medical marijuana dispensaries to sell to recreational consumers.

But as they say in the late-night infomercials, wait, there’s more.  If that early sales program happens — and it’s by no means a certainty — the pot won’t be taxed until Jan. 4. [Read more at the Portland Oregonian]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Virginia governor vetoes marijuana market bill

A push to establish a legal marijuana market in Virginia is officially dead after Republican Gov. Glenn Youngkin vetoed legislation on Thursday. Virginia has allowed adults over 21 to possess and cultivate…

CDTFA Cannabis Creditor: Myths and Truths

By Hilary Bricken, Attorney at Husch Blackwell Dealing with creditors is never a fun experience. However, some creditors are more severe than others, especially in the cannabis industry. One of…

If FL Supreme Court approves cannabis ballot language, will voters go for recreational weed or not?

The long wait on whether Floridians will get a chance to vote to legalize recreational cannabis for adults 21 and older is almost over, as the Florida Supreme Court is…

Missouri strips marijuana licenses connected to company accused of predatory behavior

Missouri’s health department on Wednesday stripped two coveted marijuana micro-licenses tied to an out-of-state company that had been accused of predatory practices and had listed the licenses for resale. The…

More Categories

Back To Top
×Close search
Search