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WEED NEWS

Oregon Sold $11 Million In Marijuana The First Week Of Legalized Recreational Sales

Posted on October 9, 2015 at 10:40 AM

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According to the Oregon Retail Cannabis Association, the state’s dispensaries sold an estimated 11 million dollars in cannabis the first week, equaling a quarter of what the state expected to be sold in an entire year. The state estimated tax revenues of only $9 million dollars for the entire year of 2017, which amounts to about 40 million in total sales statewide. By October 7th, just one week in, Oregon sales show just how badly they underestimated the popularity of cannabis.

 

“We’re seeing about 500 people a day,” Nectar owner Jeff Johnson told KGW TV in Portland, showing the huge numbers of people waiting to buy recreationally......http://www.theweedblog.com/oregon-sold-11-million-in-marijuana-the-first-week-of-legalized-recreational-sales/










 

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Categories: NEW MARIJUANA INDUSTRY CULTURE *

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