Oregon marijuana sales soared in 2020, topping $1 billion
Submitted by Marijuana News on Thu, 01/14/2021 - 10:43
Oregon recreational cannabis sales soared in 2020, peaking during a challenging summer of racial justice protests and coronavirus lockdowns.
The Oregonian/OregonLive reports the result was a record year of business for the state’s marijuana purveyors, based on data from the Oregon Liquor Control Commission, which oversees marijuana sales.
Total marijuana sales in Oregon jumped from $795 million in 2019 to more than $1 billion, for the year that just ended.
State tax revenue from marijuana sales in 2020 likely will exceed $150 million. Much of that will go toward substance-abuse screening and programs to address addiction.
Read more at: https://apnews.com/article/business-coronavirus-pandemic-oregon-marijuana-b08fe949276ae844d4e5181f31affbc7
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