Oregon considers 20 percent tax on retail marijuana

Error message

The MailChimp PHP library is missing the required GuzzleHttp library. Please check the installation notes in README.txt.

Warning message

The subscription service is currently unavailable. Please try again later.

GRANTS PASS, Ore. (AP) - The Oregon Legislature is considering imposing up to a 20 percent sales tax on retail sales of marijuana once it becomes available to consumers.

Proposed amendments to a bill (HB 2041) allowing localities to prohibit marijuana facilities within 1,000 feet of schools would impose a 17 percent state tax on retail sales of marijuana products, from buds to candies.

The latest amendments to the main bill (HB 3400) laying out regulations for legal marijuana in Oregon under the ballot measure enacted by voters last fall would allow cities and counties to charge a 3 percent tax, if local voters approve.

Scott Winkels, lobbyist for the League of Oregon Cities, said they were happy the Legislature gave localities authority to charge a tax - Measure 91 gave only the state authority to tax, with some of the revenues shared with localities -...

Rate this article: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.