[Vision2020] Oregon collects $25.5M in marijuana taxes

[Moscow Cares]

Question:  How much, do you think, will be cut from the state of Idaho education budget this year?

Courtesy of today's (August 23, 2016) Spokesman-Review.

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Oregon collects $25.5M in marijuana taxes
SALEM – Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July. 

The state’s Department of Revenue says medical marijuana dispensaries were required to file their second-quarter returns for recreational marijuana by Aug. 1. 

Oregonians legalized recreational marijuana in late 2014. 

But it can only be sold by medical marijuana dispensaries until the Oregon Liquor Control Commission finalizes rules for the new industry. That’s expected to happen by next year. 

Medical marijuana dispensaries started collecting a 25 percent tax on their recreational marijuana sales in January. 

Anticipated state revenue from recreational marijuana through June 2017 was recently quadrupled by Oregon’s Legislative Revenue Office. 

The expected amount rose from $8.4 million to $35 million. 

Recreational marijuana is illegal in 46 states and under federal law.

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Greg Seybert, head farmer at marijuana grower Synergy Farms in Carver, Ore., inspects a marijuana plant with his girlfriend, Samantha Aune, in Salem Saturday, Aug. 13, 2016.

http://www.tomandrodna.com/News/SR_082316_Oregon_Marijuana_Taxes.jpg

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Crank it up for . . .

"The Wildwood Flower"
http://www.tomandrodna.com/Songs/Wildwood_Flower.mp3

Seeya 'round town, Moscow, because . . .

"Moscow Cares" (the most fun you can have with your pants on)
http://www.MoscowCares.com
  
Tom Hansen
Moscow, Idaho

“The illegality of cannabis is outrageous, an impediment to full utilization of a drug which helps produce the serenity and insight, sensitivity and fellowship so desperately needed in this increasingly mad and dangerous world.”

- Carl Sagan

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