Market Map

Oregon
Cannabis Market

Oregon Cannabis Market At-A-Glance

Overall Rating: B
Oregon was one of the earliest states to legalize medical cannabis. The state is the 7th largest in the country, and yearly sales exceed 1 billion dollars. Although the current market is maturing, it has attracted recent big business deals.
Medical Use: Yes
Adult Use: Yes
Market Potential
C
Oregon is currently experiencing a boom in the cannabis industry fueled by the COVID-19 pandemic. Consumers began to shy away from black market suppliers during this time, making the legal market more profitable.
Licensing
A+
No known limits, no mandated geographical distribution.
Competition
B
There are established markets, but there is room for growth in Oregon for people looking to get into the industry.
Tax/Regulatory Structure
B
1 excise tax that is moderately high.

Oregon Cannabis Details

Population (Rank)
4,218,000
#33
Size/Density
41.4 sq. miles
#45
Medical Cannabis?
Yes
1998
Adult-Use Cannabis?
Yes
2014
2020 Medical Sales
2022 Projected Medical Sales
$73,000,000
$59,000,000
-19%
2020 Adult Use Sales
2022 Projected Adult Use Sales
$553,000,000
$848,000,000
+53%
Regulatory Agency
Oregon Liquor Control Commission: Cannabis & Hemp
https://www.oregon.gov/olcc/marijuana/pages/default.aspx
# of Dispensaries (allowed/issued)
No limit
606
# of Cultivators (allowed/issued)
No limit
1,115
# of Manufacturers (allowed/issued)
No limit
210
# of Testing Labs (allowed/issued)
No limit
21
Vertical Integration?
Allowed, no restrictions
Residency Requirements?
No
Social Equity?
Yes

Cannabis Taxes

Combined Tax Rate
17%
Excise Tax
17%
Retail Sales Tax
None
Local Sales Tax
None
State Sales Tax
None
Cultivation Tax
None

Licensing Fees (per year)
*Varies based on gross revenue

Retail Medical
$4,000
Cultivators Medical
$100
Micro Tier I & II Producers
$1,000 | $2,000
Laboratories
$4,750
Tier I & II Producers
$3,750 | $5,750
Processors
$4,750
Wholesalers
$4,750
Wholesalers
$4,750
Micro Wholesalers
$1,000

Application Fees

Retail Medical
$4,000
Cultivation Medical
$200
Recreational Cultivator
$200
Recreational Dispensary
$250
Recreational Manufacturer
$250
Recreational Testing Labs
$250
10/09/2021