Things to Know: How Oregon Pot Dealers Pay Taxes
Oregon raked in $3.48 million from January recreational pot sales — the first month of the state's 25 percent tax — far outpacing the $3 million projected for the entire year.
Collecting those taxes is no simple task. More than half of Oregon's recreational pot dealers paying their taxes that month did so in cash, a symptom of the industry's yearslong struggle for banking access that's also a big security risk.
In response, the Department of Revenue has transformed a small, unused space at its Salem headquarters into a mini-fortress inaccessible to the public, and from it works a detailed system for dropping off, counting and transporting cash to the bank daily.
Colorado and Washington state have similar operations in place, although officials there don't like to talk about it for security reasons. Oregon officials, however, gave The Associated Press a mock walk-through of its tax-paying process from the perspective of a...
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