$66 million in retail sales were reported in August, up from $59 million in July. This increase is likely due to more retail stores, more medical patients switching over to retail as medical phases out, and increased summer tourism.
Some of the busiest places are Clark and Spokane counties, serving Portland in the case of Clark, and Idaho from Spokane. In about a month Oregon begins retail sales, tax-free, so there should be a noticeable drop in revenue then.
There is no danger that Idaho will legalize [_anything_] so that revenue is protected.
The stores sell about 6500 pounds of marijuana flowers a month, basically at a gram or three for every transaction. Prices in Washington range from $10 to $15 a gram at the retail stores. The straight-line trend is to sell more flowers, at lower prices.
It is expected that an extremely large glut of cannabis will hit the market in just a few weeks. This is when we start showing business failures, especially growers. But retailers are at risk, too. They might survive at $10 a gram, but can they do it at $7?