Pot tax could equal up to $4M annually for Portland


City Council will decide whether the Rose City will join 17 other Oregon cities in preemptively taxing legal recreational marijuana.

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City Council will decide whether the Rose City will join 17 other Oregon cities in preemptively taxing legal recreational marijuana.

According to city documents, legal recreational marijuana is an “if, not when” type situation in Portland. Oregon voters will decide in the next two weeks whether to follow Washington and Colorado in legalizing marijuana for recreational use.

The $4 million estimate doesn’t include the costs of administering the proposed tax. Portland projects one-time setup costs of $150,000 to administer the tax, plus an additional $280,000 in annual expenses.

Measure 91, the statewide ballot measure to legalize pot, already includes a tax on the drug, with revenue going primarily to schools and public safety.

Read more at OregonLive.com




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