Oregon just collected its first revenues from the marijuana sales tax, and pulled in $3.48 million.
State authorities announced the revenue on Thursday. Dispensaries have to remit the 25% sales tax on marijuana to the Department of Revenue each month. The Department tallied the $3.48 million between Feb. 1 and March 4, KTVZ Oregon reports.
Revenue from the sale of marijuana partially motivated the state’s legalization of recreational pot use. After covering the state’s collection costs, 40% of the revenue goes toward education, 20% goes to mental health and drug services and the remainder goes toward enforcement and drug abuse prevention measures.
More Must-Reads From TIME
- AI Is Not an Arms Race
- Here's What's in the Debt Ceiling Deal
- Matthew Macfadyen on Succession Series Finale
- How Worried Should the World Be of China's New COVID Wave?
- What Erdoğan’s Victory Means for Turkey—and the World
- Why Everyone Is Having Bad Sex (Especially Young People)
- The 30 Most Anticipated Movies of Summer 2023
- Florence Pugh Might Just Save the Movie Star From Extinction
