Oregon

Wed
07
Nov

Stem Holdings Inc. receives license for newly constructed cannabis cultivation facility in Oregon

Stem Holdings Inc. (OTCQB: STMH CSE:STEM), (the "Company" or "Stem") a cannabis real estate company specializing in acquiring and improving properties within the cannabis industry has received a license from the State of Oregon, Oregon Liquor Control Commission (OLCC) for its newly constructed cannabis facility in Springfield, Oregon.

"Stem is excited to unveil its center for cutting-edge cultivation in the state of Oregon," says CEO Adam Berk. "Our team has designed this property for highly efficient, craft cannabis production. We have carefully considered every detail, from plant propagation and cultivation to product distribution."

Mon
05
Nov

Medical marijuana cardholders decline in Oregon

Medical marijuana patients and growers in Josephine County and across the state are abandoning the Oregon Medical Marijuana Program.

Long considered a source of Oregon’s black market, medical marijuana is fast falling victim to a combination of red tape and a different kind of market force: the convenience of recreational retail sales.

“Medical could officially have a gravestone,” said Kit Doyle, who formerly sold medical marijuana but switched to hemp products through his business, the Murphy Hemp Company.

The number of patients registered with the OMMP is half of what it was a year ago. Statewide it dropped 41 percent, from 59,137 to 34,892. In the county it was almost 50 percent - from 7,027 to 3,540.

Wed
24
Oct

Oregon’s marijuana industry is creating more jobs than its tech sector

Oregon’s marijuana industry is adding more jobs to the economy than the state’s tech industry, albeit at a lower average wage rate.

Since 2007 – the beginning of the Great Recession – the economy of Oregon has added more jobs via the alcohol and marijuana industries than its popular technology sector, according to the state’s Office of Economic Analysis (OEA).

Mon
22
Oct

Portland reduces fees for cannabis businesses

Portland City Council recently passed a milestone in marijuana regulations when it voted to reduce fees for all cannabis businesses in the city. Already in effect, the new rules decrease the annual license fees from $4,975 to $3,500, as well as lower the cost of both the initial and renewal application fees, and allow all license types to defer payment for up to six months.

Wed
10
Oct

Cannabis industry tax issues just got real

Matthew Price should have listened to his accountants.

The medical marijuana dispensary owner-operator in Oregon was sentenced to seven months in prison last month, in what appears to be the first federal sentencing of a legal cannabis business owner for tax crimes. Price, a co-owner of Cannabliss dispensaries, pleaded guilty to willfully failing to file income tax returns in connection with his cannabis stores, and did not file individual tax returns from 2011 to 2014 for income received from the dispensaries’ operations -- despite the advice of a number of CPAs who advised him during those years.

Wed
03
Oct

Portland adopts moratorium on establishing certain medical marijuana operations

The timeout doesn't affect existing permit applicants and gives the city's staff time to develop rules for the structure and location of pot businesses.

The Portland City Council approved a moratorium Monday evening on some medical marijuana operations to give the city staff time to draft and develop rules.

Also at Monday’s meeting, the city’s planning and urban development director gave a preview of where marijuana facilities – including grow houses and retail stores – would be regulated in the city.

The moratorium in Maine’s largest city is intended to address a gap between two state bills that would grandfather operations opening between July 1 and Dec. 13.

Fri
28
Sep

A tale of two markets: Cannabis delivery in California and Oregon

There are a lot of differences between California and Oregon. Ten months of sun versus ten months of rain. In-n-Out versus Voodoo Doughnuts. Vans; Doc Martens.

Sure, we now have recreational cannabis in common. In certain regions in both states, you can even have it delivered to your home. But that’s where the retail cannabis trends in California and Oregon differ most: the home delivery scene.

In southern Californian cities, delivery is king. It was king before recreational laws even passed, when medical marijuana patients were able to have cannabis delivered prior to this year.

Wed
26
Sep

Newcomers to Oregon’s cannabis industry forced to wait for approval

The Oregon Liquor Control Commission is currently three months behind in clearing backlogged license renewals. For those applicants who managed to submit their completed application before the June 15 pause, there is still likely a 14 month waiting period, according to The Bulletin.

Mon
24
Sep

Will Oregon be the first state to allow marijuana shipments across state lines?

It’s now common knowledge in the cannabis industry: Oregon’s got a massive surplus problem.

According to the state’s regulatory tracking system, the state has an excess of $1 million dollars of unsold flower—more than three times the amount purchased last year. In Oregon’s overcrowded market, grams go for as little as $4.00 at some Portland dispensaries while licensed growers across the state are going out of business. The Craft Cannabis Alliance—an association of cannabis and allied businesses in Oregon—thinks they have a solution: allow Oregonians to ship their weed to other states that have legalized it.

Fri
21
Sep

Medical marijuana patients decry state crackdown on pot purchases

In August, a state analyst spotted dozens of suspicious transactions when he crunched cannabis sales data: a small number of medical marijuana cardholders bought unusually large quantities of marijuana flowers on consecutive days.

Oregon regulators suspected medical marijuana patients and caregivers were exploiting the system by buying cannabis to sell on the illicit market.

The response was swift. The Oregon Liquor Control Commission, under pressure from federal officials to tackle the robust black market for marijuana, quickly issued a temporary rule that dramatically reduced the amount that medical marijuana cardholders could buy in a day.

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