Ashland, Ore.– The state will begin taxing recreational marijuana sales 25% at medical marijuana dispensaries on Monday, January 4th. House Bill 2041 authorized the new tax that will begin January 4th and last until December 2016.
Mike Welch owner of Siskiyou Medical Supply says while he does expect a few moans and groans from customers on the tax, he says he knows this will generate a sizeable amount of money for the state and he sees that as a benefit.
“We are fine with it, it makes no difference to us,” says Welch. “I know 25% tax seems like a lot, but compared to other taxes in Oregon, tobacco or alcohol, 25% is really negligible.”
Also starting the new year, the OLCC will issue licenses to retail facilities that will allow consumers to buy more kinds of recreational marijuana products including edibles and immature plants.
© 2023 KOBI-TV NBC5. All rights reserved unless otherwise stated.