Oregon Dept. of Revenue to Distribute $85 Million in Marijuana Taxes

Who says money doesn’t grow on trees?

By Wednesday, Oregon’s officials will have distributed approximately $85 million to the state’s school fund, public health services, and local municipalities.

Oregon marijuana tax revenue disbursement

Generated by Oregon’s adult-use marijuana program between Jan. 4, 2016 and Aug. 31, 2017, the Oregon Department of Revenue (DOR) announced on Friday that the department had collected just north of $108 million in total marijuana taxes.

Of Oregon’s $108 million in new marijuana tax revenue – $94.55 million has been earmarked for distribution.

House Bill 3470, which dictates the distribution of Oregon’s marijuana revenue, directs the following dispersal:

  • State School Fund will receive 40% – $34 Million
  • Mental Health, Alcoholism, and Drug Services Account will receive 20% – $17 Million
  • Oregon’s Cities and Counties will receive 10% – $17 Million
  • Oregon State Police will receive 15% – $12.75 Million
  • Oregon Health Authority…

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