Finance

Recreational Marijuana Taxes Exceed Expectations In Oregon

Oregon saw over $25 Million in tax revenue from recreational marijuana sales between January and June of this year. The news came from the August 1st filing deadline for second-quarter returns after the state’s Department of Revenue began collecting a 25% tax on recreational marijuana sales following its legalization late in 2014. Not surprisingly, Oregon’s Legislative Revenue Office quadrupled it’s anticipated state revenue from recreational marijuana for June of 2017.

Original story by the Associated Press

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