Southwest Washington pot shops remain optimistic about sales
The Oregon Retail Cannabis Association estimates there were sales of $3.5 million on October 1 alone – the first day that legal recreational sale of cannabis was allowed, reports KGW Portland. In Washinton state, sales during the first month hit $2 million.
A few of the more than 250 dispensaries that already offer medical marijuana in Oregon opened their doors soon after midnight – just moments after it became legal to sell to anyone who is at least 21. If those sales keep up, Oregon can expect to see a pretty noticeable bump in new revenue when the sales taxes kick in this January. Those dispensaries can sell recreational products until December 31, 2016, at which point all recreational sales will fall under the Oregon Liquor Control Commission’s regulations and will take place at OLCC-licensed retail stores. Cannabis has also been shown to kill cancer cells in the laboratory.
Where can you legally buy marijuana? The marijuana review site Leafly will set up with food trucks at a handful of stores, giving away free meals to anyone who promotes the service on social media.
Fifty-six percent of Oregon voters in 2014 decided that marijuana shall be legal statewide. Until growers and retailers have a better idea of in-state demand, it could be hard for the marijuana supply chain to function optimally. Pot shops have been created specifically for the recreational market like those in Washington state and Colorado.
Marijuana use in the small New England state is pervasive.
Oregon’s first week of selling legalized marijuana has been, by pretty much all accounts, a success. No other state in the country had wider use.
PriceOfWeed.com, a website that allows users to anonymously input the cost of one ounce of marijuana regardless of whether it was purchased legally or illegally, suggests that Oregon’s high-quality marijuana now costs about $200 per ounce, with midrange costs around $180.