Oregon recreational cannabis sales hit $160 million

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Oregon’s emerging recreational marijuana industry surpassed $160 million in sales for 2016 at the end of September.

Those numbers could be even bigger in reality, however, because the Oregon Department of Revenue is still waiting on some cannabis businesses to file quarterly tax returns from earlier in the year. An agency spokeswoman said that only 80% of medical dispensaries selling rec have filed returns for the first quarter of 2016.

Hundreds of medical dispensaries in Oregon have been selling limited amounts of adult-use products for more than a year – mostly flower, but since June, also edibles and extracts –

Oregon recreational cannabis sales hit $160 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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