CannaGrowth.com | Oregon Legislature’s Big Marijuana Deal: It Means State Control and a 20% Tax
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Oregon Legislature’s Big Marijuana Deal: It Means State Control and a 20% Tax

09 Jun Oregon Legislature’s Big Marijuana Deal: It Means State Control and a 20% Tax

Legislative negotiators have tentatively agreed on a sweeping marijuana deal that could produce a 20 percent sales tax on recreational sales of pot.

Under the deal — which is still subject to change — the state could collect a 17 percent tax while localities could collect up to 3 percent.

The deal to allow local taxes is aimed at ending a standoff with cities and counties over just how much power they have to prohibit retail sales of both recreational and medical marijuana.

That issue has tied up legislation that would place new limits on medical marijuana growers, which is aimed at reducing black-market diversions. [Read more at the Portland Oregonian]

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