Marijuana Business Factbook 2019

Marijuana Business Factbook 2019 Chapter 2 | State-By-State: Legal Overview, Market Data and Outlook 148 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. OREGON Recreational continued BUSINESS TAXES & FEES Application Fees $250 (producer, processor, wholesaler, retailer and lab) License Fees Producer: $3,750 (Tier I), $5,750 (Tier II), $1,000 (Micro Tier I), $2,000 (Micro Tier II). Processor: $4,750 Wholesaler: $4,750; Micro Wholesaler: $1,000 Retailer: $4,750 Testing Lab: $4,750 State tax requirements 17% state tax paid at point of retail sale and up to 3% at local level State tax collections in 2018 $108,777,721 SUPPLY CHAIN DYNAMICS Dispensary structure For-profit allowed Number of businesses allowed No statewide limits, though some towns and cities have enacted moratoriums or bans on any/all license types. Producers are additionally limited to allowable square footage (for indoor cultivation) and canopy size (for outdoor cultivation). The state will evaluate supply and demand on an annual basis and is permitted to amend rules and restrict producers as it deems necessary. Number of licenses granted as of early 2020 Retailers: 666 Cultivators: 1,154 Infused Product Manufacturers: 234 Weighted average price per pound of marijuana $549 MARKET OVERVIEW Estimated number of in-state customers 900,000 - 1,100,000 Estimated recreational marijuana sales via retail stores in 2019 $700 million-$775 million (up from $575 million-$625 million in 2018) Overall 2019 marijuana market $765 million-$845 million (up from $635 million-$695 million in 2018)