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October 4, 2016

$25.5 Million

Marijuana taxes collected in Oregon in the first six months of the year. Oregon medical marijuana dispensaries have sold an estimated $102 million in early retail sales of recreational cannabis since January, when the state imposed a 25 percent sales tax on marijuana.

Source: OregonLive/The Oregonian




4,998

The number of registered patients in New York in the first 6 months of its medical marijuana program (as of June 15). There were 600 registered physicians.

Source: New York State Department of Health “Medical Use of Marijuana Under the Compassionate Care Act: Two-Year Report.”




Colorado

50%

The percentage the asking price for wholesale recreational marijuana, per lb., in Colorado has dropped since last fall — from $2,400-$2,600 in October 2015 to $1,400-$1,600 in July 2016.

Source: Times-Call, Tradiv

583

The number of state-licensed recreational growers in Colorado as of August. This is an 18.2-percent increase over August 2015 (493 growers).

Source: Times-Call, Colorado Department of Revenue Marijuana Enforcement Division

$112 million

The monthly average of total Colorado medical and recreational dispensary sales in June 2016. This is a 31-percent increase over the same month last year. (June 2015 sales were $77.28 million.)

Source: Times-Call, Colorado Department of Revenue Marijuana Enforcement Division




*The volume weighted average price gives more “weight” to larger transactions in calculating an average. It is calculated by summing the product volume (in pounds) and the price (in dollars) for every transaction in the sample, and then dividing that by the sum of the volume (total pounds transacted).