September 30, 2024

Oregon Cannabis Businesses Must Pay Taxes Or Lose Licenses

 Oregon Cannabis Businesses Must Pay Taxes Or Lose Licenses

In a May 16 announcement, Oregon Gov. Tina Kotek directed the Oregon Liquor and Cannabis Commission (OLCC) to make state tax compliance mandatory in order to issue or renew cannabis retail licenses.

Cannabis businesses in Oregon must pay their state taxes if they want to keep their licenses. State coffers are running dry: About $18.7 million in cannabis tax revenue from retailers was missing las…