Oregon: New marijuana retailer opens in Salem
A new recreational marijuana retailer has opened in South Salem.
Locally owned marijuana business Herbal Remedies opened a new location Friday at 3940 Commercial Street SE between McDonald’s and camera store The Shutterbug. The new Herbal Remedies location features, for instance, a “bud bar” where customers can view and smell different kinds of marijuana through special clear containers.
"Basically, I'm hoping that we can just grow into the future of Salem," Herbal Remedies co-owner Jered DeCamp said. "I want to be a staple in Salem."
Indeed, Herbal Remedies has grown. Another location at 340 Lancaster Drive NE strictly sells medical marijuana because of a vote last November that barred sales of recreational marijuana in unincorporated Marion County. The Lancaster location is technically outside city limits, so it has had to cut out the generally more lucrative recreational sales.
Recreational pot retailers are overseen by the Oregon Liquor Control Commission, while the Oregon Health Authority regulates medical dispensaries.
Recreational marijuana sales contribute to what has become a multi-million-dollar tax boon for Oregon: The state brought in more than $65 million in tax revenue from pot since collection began in early 2016. The Oregon Department of Revenue reported almost $5.3 million in revenue for January of this year. Tax revenue for February is set to be released later this month.
A recent report from economist Beau Whitney, who studies the marijuana industry, suggested there are 12,500 cannabis-related jobs in Oregon. He figures the average wage for these jobs is a little more than $12 per hour, with total yearly wages hitting $315 million.
“On a national basis, the $50 billion cannabis market is essentially the equivalent to the U.S. wine market ($55 billion),” Whitney said in a statement. “And there are more than 1,000 businesses in Oregon that touch cannabis.”
The recreational marijuana industry recently came into the spotlight when White House Press Secretary Sean Spicer last month alluded to a possible federal crackdown, saying at a press briefing he believed there would be "greater enforcement" on recreational marijuana. Some Oregon politicians quickly criticized the comments.
In interviews with the Statesman Journal last week, Oregon cannabis experts weren't completely in sync on how rattled the industry was following the comments.
“Anxiety remains quite high,” said Casey Houlihan, executive director of the Oregon Retailers of Cannabis Association.
Others expressed different sentiments. Don Morse, chairman of the Oregon Cannabis Business Council, said cannabis businesses “took it in stride."
The industry may have popular support on its side, as a Quinnipiac University poll from last month said 71 percent of voters weren't for the enforcement of federal anti-marijuana laws in places voters allowed recreational or medical pot use. The poll also showed more than half of voters — 59 percent — favored the legalization of marijuana in the U.S.
Whitney, the economist, said: “The people that are already in the industry, they get nervous, but they’re still steadfast."
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