Recreational Marijuana Tax Begins In Oregon

he data speaks volumes. How is it that only 16 non retail marijuana licenses have been issued in four months. This is creating extreme economic hardship for many businesses.

OREGON: Starting this week, recreational marijuana sales in Oregon will be taxed at 25 percent.   Ever since medical marijuana dispensaries began selling recreational pot on October 1, the sales have been tax-free.

The 25 percent tax applies to all recreational sales through the end of 2016.

Later this year, the Oregon Liquor Control Commission will start licensing retail stores. Stores that become licensed will have a reduction in their pot sales taxes — to 17 percent.

Local governments can also adopt an additional local tax up to three percent.  Since October, sales have been limited to what cannabis produces, such as leaves, flowers, and seeds.

Read full article @ OPB.org

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