$10M requested for marijuana sales kickoff in Oregon
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SALEM, Ore. (KOIN 6) — On Thursday, Oregon lawmakers asked for $10 million to get recreational marijuana sales underway in the state, following in the footsteps of Colorado and Washington. But KOIN 6 News learned the tax money generated by pot sales is expected to be much slimmer in Oregon.
As the first state with a full year of recreational marijuana sales, Colorado is the poster child for legal pot. Just last year, the state generated $700 million in marijuana sales — about half recreational and have medicinal.
“We’ve looked at Colorado and Washington, their number of licenses, so it’s helped us think about how much we’re going to get in terms of permitees and what the revenue is going to be,” Steve Marks, the director of the Oregon Liquor Control Commission, said.
Oregon economists told lawmakers Thursday they predict the...
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