Oregon cannabis consumption at record high — what does the future hold? registerguard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from registerguard.com Daily Mail and Mail on Sunday newspapers.
March 30 2021
Sales top $1 billion, but the state s marijuana economy faces federal tax code woes, crime, wildfires and lawmakers eager for revenue
They ve never been higher.
Oregon recreational marijuana sales have climbed to record highs, but some say the industry s woes also have reached an apex. The difficulties range from an unfavorable federal tax code to a dangerous crime wave, wildfires, and cities and counties hungry for a larger slice of the tax pie. Businesses are still struggling, says Kim Lundin, executive director of the Oregon Cannabis Association. High sales don t transfer to overall industry success.
But the marijuana milestone $1.1 billion in sales in 2020, blowing past the $795 million benchmark set in 2019 has started a battle for cash at the state Capitol regardless.
Pamplin Media Group - Oregon s billion-dollar weed economy faces new challenges pamplinmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pamplinmedia.com Daily Mail and Mail on Sunday newspapers.