Schools receive largest share of $94M in Oregon marijuana taxes

Bud-tenders, retailers that handle the sale of the marijuana on October 10th, 2017. at Cannabliss & Co. in Eugene, Ore.

EUGENE, Ore.- The first-ever distributions of marijuana tax revenues will be distributed by Thursday.

It's been two years since retail sales of recreational marijuana began in Oregon and now, the first tax revenues are being distributed.

“Since the recreational regulations have settled out and things are starting oo be on point for the consumer, it's gotten a lot better,” said Zac Goodman, a budtender at Cannabliss & Co. dispensary in Eugene.

Between January 2016 and August 2017, the state collected $94 million in marijuana taxes.

The biggest percentage is going to state school funds.

The rest of the money is being distributed to mental health and drug services, Oregon state police, Oregon health authority and individual cities and counties.

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Goodman says he is glad the money is going back into the community, “I’m super excited about it, I love to be apart of the community and actually be give back in my own way from the sales we make here.”

According to the Oregon department of revenue, most of the funds were distributed last week.

All cities and counties should see final distribution by Thursday.

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