Oregon: Recreational Marijuana Sales Top $100Million For 2016

26 August 2016

The Oregonian reports……

The state has collected about $25.5 million in marijuana taxes in the first six months of the year and is on track to meet state economists’ projections.

The latest tax figures, released Monday by the Oregon Department of Revenue, include the start of marijuana-infused edibles sales. The products include a wide variety of snacks, sweets and drinks and were available to anyone 21 and older starting in June.

The popularity of edibles was hard to project because it’s difficult to measure the black market for them, said Mazen Malik, a senior state economist with the Office of Legislative Revenue.

http://www.oregonlive.com/marijuana/index.ssf/2016/08/oregon_collects_255_million_in.html

The Press Release

Reference URL: http://www.oregon.gov/newsroom/Pages/NewsDetail.aspx?newsid=1310

Department of Revenue releases marijuana tax collection numbers

August 22, 2016

Salem, OR—As of July 31, the Department of Revenue has processed $25.5 million in marijuana tax payments this year. Medical marijuana dispensaries started collecting a 25-percent tax on their recreational marijuana sales in January.

Dispensaries’ second quarter returns were due August 1, 2016. Any dispensary that collected taxes on the sale of recreational marijuana products is required to file a quarterly return. Dispensaries can be penalized for failing to file these returns in a timely manner. The quarterly return form and instructions are available at www.oregon.gov/dor/marijuana If dispensaries have any questions about filling out the form or their filing obligation, they can contact the Marijuana Tax Program at (503) 947-2597 or marijuanatax.dor@oregon.gov.

Visit www.oregon.gov/dor to get tax forms, check the status of your refund, or make tax payments; or call 1 (800) 356-4222 toll-free from an Oregon prefix (English or Spanish); (503) 378-4988 in Salem and outside Oregon; or email, questions.dor@oregon.gov. For TTY (hearing or speech impaired), call 1 (800) 886-7204.

Media contact:

Joy Krawczyk, Public Information Officer
(503) 945-7796
joy.krawczyk@oregon.gov

Oregon Dept of Revenue : Marijuana Tax Fact Sheet

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