“We think sales will continue to grow”
Oregon cannabis stores sold $793 million in products to consumers last year, generating more than $110 million in tax revenue for state and county coffers, according to an analysis of Oregon Liquor Control Commission data.
That’s close to $150 million more in sales than 2018. By next year, totals are expected to climb to nearly $1 billion.
“We think sales will continue to grow,” said Beau Whitney, vice president and senior economist for New Frontier Data, a global analytics firm. “Demand is coming from converting consumers from the illicit market and people moving away from the medical market.”
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