We’re coming up on the third week of July, and by now our honeymoon phase with recreational marijuana is coming to an end. There have been celebrations aplenty, and you have probably consumed lots and lots of weed in homes and private property. Hooray! Have you been gifting and being gifted marijuana like the considerate stoner you are? Or has it slowed down quite a bit since all the energized excitement seems to have fizzled out into a complacent happiness?
Retail shops seem farther away than ever with the OLCC still predicting that stores won’t open until July, 2016. Maybe your seeds have taken root, but you won’t know if you have a flower-producing female plant until a couple of weeks down the line. So what are you going to do now?
There have been rumors about dispensaries opening up to sell recreationally before the January, 2016 date of accepting retail applications. How accurate are these rumors? Pretty darn accurate, it seems. With the approval of House Bill 2041 , marijuana sold in recreational retail stores will be taxed up the wazoo (approximately 20%). That’s in 2016, though, when we can actually buy marijuana in retail stores. Right now, in 2015, there are none. However, legislation has passed (not yet made law) an “early sales” bill! Senate Bill 460 allows for dispensaries to temporarily sell adults recreational weed, and it’ll be in effect for October 1st. Not bad, Oregon! Only a three-month turnaround from when marijuana was officially legalized. But don’t get too excited just yet…
Due to the fact that Measure 91 taxes marijuana in retail stores, recreational marijuana bought in dispensaries will not be taxed this additional 20%. Is it truly as good as it seems? Tax-free recreational weed? House Bill 2041 has another idea – if/when Senate Bill 460 is made into law and early sales occur, the tax on recreational weed in retail stores will jump up to 25% (that’s 5% more wazoo!!). This means that during the months from October to when we have recreational retailers, it’s time to stock up on that non-taxed weed. As soon as retail stores are up and running, they will obviously have to comply with that taxation. A $170 ounce will cost you an additional $42 – basically $1.50 extra per gram. That $42 extra marks a huge difference in quality – you’re looking at the difference between a $6-a-gram ounce and an $8-a-gram ounce in what you’re paying for taxes alone.
If you’re a quality nut and you don’t want to pay 25% on top of your product, then there’s really only one thing to do. You know that saying, if you want something done right, do it yourself? Well, if you want something done right (and to also legally avoid retail taxes on recreational marijuana), grow it yourself. Get your green thumb ready for 2016, and think of future-you’s fulfillment when you have your own self-sustaining cannabis garden!
Latest posts by Janie Bates (see all)
- Week Two of October and Recreational is rockin’ ‘n rollin’ - October 12, 2015
- Recreational weed in Portland: finally landed - October 5, 2015
- October is (almost) HERE! - September 28, 2015