Connect with us

Hi, what are you looking for?

Business

Recreational Marijuana Sales Outpace Tax Registrations in Oregon

BY ASSOCIATED PRESS

EUGENE, Ore. (AP) Nearly a fourth of Oregon's medical marijuana dispensaries selling the drug recreationally are not registered to pay taxes on those sales.

Dispensaries have until Feb. 29 to pay a 25 percent sales tax on January recreational marijuana sales.

As of Thursday, 245 out of 320 dispensaries selling recreational pot had set up accounts with the state Department of Revenue, according to reports from the Register-Guard.

Oregon Department of Revenue spokeswoman Joy Krawczyk says the department expects an upswing in registrations as the deadline nears.

Many medical marijuana dispensaries are temporarily selling the drug for recreational use. Licenses for those looking to sell recreational marijuana alone will not be issued until the fall.

Tax reminders were mailed to recreational marijuana dispensaries about a month ago.

(Photo Courtesy of Fortune)
 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

HT Newsletter

Subscribe for exclusive access to deals, free giveaways and more!

Thank you for subscribing.

Something went wrong.

Advertisement

You May Also Like

Do NOT follow this link or you will be banned from the site!