Oregon Rec Marijuana Sales Pass $100M Mark Through July

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Oregon’s recreational marijuana sales have passed the $100 million mark this year.

Although rec sales began at medical dispensaries last October, the state didn’t begin taxing those sales until January, at 25%. The 2016 sales figures for the first seven months are in line with the $180 million-$220 million in retail sales the Marijuana Business Factbook 2016 projects for the entire year.

The total sales figure at the end of July is an estimated $102 million, according to the Oregonian.

Sales numbers are likely to increase as the year goes on, given that dispensaries were <a href="http://mjbizdaily.com/or-market-for-edibles-infused-mj-products-opens/"

Oregon Rec Marijuana Sales Pass $100M Mark Through July is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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