Oregon rakes in $60 million in state sales taxes from marijuana
Recreational marijuana sales in Oregon produced $60.2 million in state tax revenue in 2016, the first year of state-taxed pot sales.
For much of the year, marijuana sellers collected a 25 percent sales tax.
To produce the $60.2 million in tax revenue reported by the state Department of Revenue on Friday, total retail sales of marijuana and pot-laced products last year would have had to equal about $241 million.
Marijuana tax revenues exceeded projections, said Mazen Malik, senior economist for the Oregon Legislative Revenue Office. He had estimated marijuana sales would produce $44 million during the year, $16 million less than what came in.
Higher-than-predicted prices for marijuana extracts and edibles may have contributed to the higher than projected tax revenues, Malik said.
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Cali Mist (Hybrid)
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White Rhino (Hybrid)
A spinoff of the world-famous White Widow cannabis strain, White Rhino is a dominantly Indica hybridized marijuana strain. It has been created by blending some of the finest characteristics from Brazilian, Indian and Afghanistani strains. It is a cross between White Widow and an unknown strain from North America. White Rhino medicinal cannabis, like White Widow weed, is loaded with mind-loving crystalline THC resin glands.
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