Taxes on recreational marijuana coming Jan. 4
PORTLAND, Ore. -- Some recreational marijuana users may want to stock up by Jan. 4 when pot sales start getting taxed.
People with medical marijuana cards won't have to pay the tax and will also be able to buy larger quantities. When OLCC-regulated stores begin popping up next year, those sales will only require a 17 percent tax, plus a possible 3 percent could be charged by local cities and counties.
"It's going to be a nice shock to the system when people that don't know get that rise in price that they're not expecting," Jay Baker with Fresh Buds said.
Other changes for 2016? By the end of the year, you won't be able to buy recreational pot at a medical marijuana dispensary -- there will be separate shops for both purposes.
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