Portland Projects 480 New Marijuana Businesses, $1.4 Million In Revenue From City Fees

OREGON: Portland wants to charge retail marijuana stores up to $3,750 to open their doors, fees city officials say will help recoup costs associated with regulating the industry.

With $890,000 in estimated annual expenses, the hefty fees proposed on marijuana businesses are meant to offset the city’s costs, officials said.

So how many marijuana stores, processors, wholesalers and dispensaries does the city expect? Try 480, according to projections provided to The Oregonian/OregonLive.

Read full article @ Oregon Live