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A Pot of Money: Oregon Collects $25.5M in Marijuana Taxes
Source: Associated Press
A Pot of Money: Oregon Collects $25.5M in Marijuana Taxes
By THE ASSOCIATED PRESS SALEM, Ore. — Aug 22, 2016, 6:57 PM ET
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.
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By THE ASSOCIATED PRESS SALEM, Ore. — Aug 22, 2016, 6:57 PM ET
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.
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Read more: http://abcnews.go.com/US/wireStory/pot-money-oregon-collects-255m-marijuana-taxes-41580589
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