Oregon cannabis tax revenue hits record high

Many Oregon cannabis businesses are struggling, but that’s not getting in the way of sizzling state tax revenue. July saw a record haul in Salem, with more than $8.7 million in state cannabis taxes collected, according to Department of Revenue data released Monday. That’s nearly 10 percent more than the previous high of $8 million, set in January, and a 63 percent increase over the $5.1 million collected in July 2017. Cannabis businesses in Oregon face a variety of headwinds these days. The…

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Oregon cannabis tax revenue hits record high

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