Can't you smell that smell?
Ooooh that smell, can’t you smell that smell? Ooooh that smell, the smell of . . . . money.
On October 1, Oregon became the third state to legalize the recreational sale of marijuana.
According to the Oregon Retailers of Cannabis Association, Dispensaries in Oregon sold a staggering $10.8 million worth of recreational cannabis in under a week!
Recreational sales were formally legalized at the beginning of the month, and the association has only tallied revenue through October 6. A spokesperson for the retail group projected that sales will “wildly surpass” the state’s projections.
Currently customers are limited to one-quarter ounce per day, for now, but seed sales are unlimited.
The retailers association is the only group that can track recreational cannabis sales made through December 31. Why you ask? Well that’s because it’s being sold tax-free in the state until the end of the year.
Eventually the Oregon Liquor Control Commission will...
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