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Oregon marijuana sales soared in 2020, topping $1B

A man smokes a joint during a demonstration for the decriminalization of cannabis. (Photo by THOMAS SAMSON/AFP via Getty Images)

PORTLAND, Ore. (AP) — Oregon recreational-cannabis sales soared in 2020, peaking during a challenging summer of racial justice protests and coronavirus lockdowns.

The Oregonian/OregonLive reports the result was a record year of business for the state’s marijuana purveyors, based on data from the Oregon Liquor Control Commission, which oversees marijuana sales.

Total marijuana sales in Oregon jumped from $795 million in 2019 to more than $1 billion — for the year that just ended.

State tax revenue from marijuana sales in 2020 likely will exceed $150 million.

Much of that will go toward substance-abuse screening and programs to address addiction.