Oregon has 16.5 cannabis dispensaries per 100,000 people – more per capita than any other state, according to a report by Verilife. Oklahoma ranks second, according to the analysis, with 15.6, followed by Montana (15.1), Colorado (14.1) and Alaska (12.7).
The report found that California made the most from cannabis-derived tax revenues in 2018, raking in $345 million from the industry despite having only 1.6 dispensaries per 100,000 people and with two-thirds of the state’s municipalities banning industry operations.
Washington state also netted more than $300 million in tax revenues from cannabis in 2018 – $319 million total – while hosting 6.2 dispensaries per capita; while Colorado saw $266 million in tax revenues from the industry. Oregon, despite having the most dispensaries per capita, made $94.4 million from cannabis taxes in 2018.
According to the report, Missoula, Montana had 18.1 dispensaries per 50,000 – the most of any city – followed by Medford, Oregon (17), Pueblo, Colorado (16.6), Eugene, Oregon (16.1), and Denver, Colorado (14.9).
“Considering it was among one of the first states to legalize medicinal marijuana, it might not be too surprising that Oregon hosts the most marijuana dispensaries per capita,” the researchers note, adding that there are more than 660 dispensaries located throughout the state.
Oklahoma is a surprising number two on the list, having only legalized medical cannabis in 2018. The state saw $70,000 in cannabis revenues during its first year in operation, the least of any state included in the report.
Get daily cannabis business news updates. Subscribe
End
