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Local Oregon Edibles Market On The Rise

Manufacturers of marijuana infused chocolate bars and gummy bears are ramping up production after an encouraging start to sales for recreational use.

The Oregon Legislative Revenue office expects a 10 to 15 percent increase in collected taxes for June recreational sales, following the rollout of edibles to recreational markets on June 2.

The trend is expected to continue for at least the next few months. The estimate is based on preliminary reports from the industry, and trends seen in Washington and Colorado, following their influx of cannabis-infused products.

“It is a new range of products, a new market, and not necessarily the same market that marijuana leaves have been in for a long time,” said Mazen Malik, the senior economist at the Oregon Legislative Revenue Office. “Sales should be toward the higher end (of a 10 to 15 percent boost) in the beginning of the month, and then come down. People want to see how this works.” [Read more at the Statesman Journal]

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