I'm sure Oregon will go about things differently than Washington. It's been a fiasco for some of these businesses. The taxes are just too much for them to make any money. Hopefully the Legislature will make things better and cut some of the tax burden for some of these folks.
From what I understand, Oregon will have the best recreational use laws of all of the current states.
At $35 tax per ounce, we are looking at a one time 16-22% tax (current street value is about $160-220/ounce, yes it varies widely at times depending on what connection I use). I've been up to Washington and walked out laughing at the price per gram in the stores I visited. Not sure if that's changed, but back in November I was seeing $25-50 per gram.
Also, this does not include the fact that we can grow four plants in our homes and "gift" an ounce to friends and family. Basically, think the home brew scene, but with marijuana rather than beer.
I think Oregon is going to be a very interesting state 1-2 years from now. I'm not saying the land of free marijuana, but I think we are on the path to having top shelf product at very reasonable prices.
And good on ya
@t-dub, it's very cool to see like minded people make a business from all of this. When all of the dust clears, post up the name and I will support the business if I make it down.