Report: Oregon marijuana industry has $1.2B economic impact

Oregon’s cannabis industry has produced an economic impact of more than $1 billion, according to a new report. The report, by economist and marijuana business insider Beau Whitney, found that the Oregon cannabis market created more than 12,500 jobs with an average wage of $12.13 an hour, which translates into roughly $1.2 billion in economic activity for the state. The job figure is only for plant-touching companies, such as retailers and growers, and doesn’t include ancillary marijuana businesses, such as attorneys or security services. “Cannabis is a job-creation machine,” Whitney said in a press release. He┬ánoted that through Feb. 21, ... Report: Oregon marijuana industry has $1.2B economic impact is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs