Oregon Cannabis Sales Hit $790 Million 2019 Generating $110 Million Tax Revenue

The Bend Bulletin reports
Oregon cannabis stores sold $793 million in products to consumers last year, generating more than $110 million in tax revenue for state and county coffers, according to an analysis of Oregon Liquor Control Commission data.
That’s close to $150 million more in sales than 2018. By next year, totals are expected to climb to nearly $1 billion.
“We think sales will continue to grow,” said Beau Whitney, vice president and senior economist for New Frontier Data, a global analytics firm. “Demand is coming from converting consumers from the illicit market and people moving away from the medical market.”

Full Story at the Bend Bulletin, Click Here


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