In an interview with public affairs channel TVW on Thursday, consultant Mark Kleiman said several factors like competition from the medical marijuana market, illegal sales and high prices are likely to affect the demand for the planned legal source of marijuana.
Initial estimates said the state could bring more than $400 million a year from the marijuana market.
Kleiman leads the Massachusetts-based BOTEC Analysis Corp., which the state picked this month to help legalization. The voter-approved legalization tasks the state with regulating crops and stores of marijuana.
Kleiman says that if the state sees $100 million in revenue during the first fiscal, it would be a good start.
More Northwest Headlines
Diverse, non-cool East Portland seeks greater representation True-crime author Ann Rule dies at age 83 Suspicious packages sent to Oregon government buildings Scientist: Whale deaths off Alaska island remains mystery Court approves changes to Seattle police use of force Oregon man possibly linked to missing women nationwide Half of Columbia River sockeye salmon dying due to hot water Wildfire in southeast Washington 50 percent contained
Our new comment system is not supported in IE 7. Please upgrade your browser here.