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Oregon collects millions in marijuana-related taxes
OR requires dispensaries collect a 25 percent tax on recreational marijuana sales and dispensaries began paying the tax money to the state this year.
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Dispensaries paid the state a total of $25.5 million in recreational marijuana tax money between the start of the year and the end of July, the agency reported. Any dispensary that collected taxes on the sale of recreational marijuana products is required to file quarterly returns and can be penalized for failing to do so in a timely manner.
These products includes a number of different candies, snacks and drinks that starting this past June were available to people 21 years of age or older.
He added that consumers do not buy an infused Kit Kat from someone standing on a street corner.
“We know some people would embrace them because they don’t like smoking, for example, so it would be an easier thing to go to…”
Oregon’s experiment with recreational marijuana has proven it self to a success, at least when it comes to tax revenue. Others would try them because they represent something new and want to experience how they affect you after eating them.
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Last year, the commissioners repealed a tax because it contradicted state law. They have been available since June to those 21 and older.