A Pot of Money: Oregon Collects $25.5M in Marijuana Taxes
SALEM, Ore. (AP) — Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July.
The state’s Department of Revenue says medical marijuana dispensaries were required to file their second-quarter returns for recreational marijuana by Aug. 1.
Oregonians legalized recreational marijuana in late 2014.
But it can only be sold by medical marijuana dispensaries until the Oregon Liquor Control Commission finalizes rules for the new industry. That’s expected to happen by next year.
White Russian (Hybrid)
New Report Says California Marijuana Sales to Top $6.5 Billion by 2020
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DOH Report: New York Should Expand Medical Marijuana Program
While the medical marijuana law in New York is often considered one of the most restrictive in the nation, the state could soon be persuaded to expand the reach of the program based on recommendations outlined in a new report from the state’s leading health agency.
Earlier this week, the New York State Health Department published a two-year analysis of the Compassionate Care Act, starting from the time the bill was signed into law by Governor Andrew Cuomo. It insists the program is functioning better than other states with similar laws in place, at least in terms of the number of physicians and patients who are registered for participation.
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