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Oregon Has Collected $25.5 Million in Marijuana Taxes This Year

The Oregon Department of Revenue collected $25.5 million in tax from the sales of recreational marijuana this year as of July 31, the department announced Monday.

That represents $102 million in total sales thus far this year. The state collects a 25 percent tax on sales of recreational marijuana. That figure drops to 17 percent in 2017, although local governments may impose their own tax of up to 3 percent. For example, the Bend City Council approved a measure on the Nov. 8 ballot asking residents to vote on a 3 percent sales tax.

The latest state figure shows an increase of $10.6 million over the amount of taxes collected through May, according to the Revenue Department. Through May, the tax collected averaged $3 million per month. The total average tax collected jumped to $5.3 million per month during June and July, according to department numbers. [Read more at The Bend Bulletin]

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