Oregon Archives - Page 5 of 14 - Cannabis Business Executive - Cannabis and Marijuana industry news

Too much weed? Oregon’s got a marijuana surplus and officials aren’t happy

Five years after Oregon legalized recreational marijuana, its lawmakers now are trying to rein in production, fearing the state’s big weed surplus will tempt some licensed businesses to sell their products out of state or on the illegal market. Such…

Clearing Up The SB 218 (Application Caps) Confusion in Oregon

On Monday, June 17, Governor Kate Brown signed Senate Bill 218 (“SB 218”) into law. See our earlier blog post regarding this bill. SB 218 authorizes the Oregon Liquor Control Commission (“OLCC”) to cap new recreational cannabis producer licenses based…

Oregon has too much cannabis. Two laws may help the state manage its surplus

Matt Miller’s family has farmed pot in Oregon since well before it became legal. But since the market flooded after recreational use was approved by state voters in 2014, prices have plummeted, putting strain on the operation he runs with…

Oregon House Passes Bill To Transport Cannabis Across State Lines

The Oregon House passed a bill Tuesday that makes it legal to transport cannabis across state lines. But trading isn’t about to happen anytime soon. Senate Bill 582 includes a number of important restrictions. For example, cross-state transportation would only be allowed…

Oregon, awash in marijuana, takes steps to curb production

Oregon is awash in pot, glutted with so much legal weed that if growing were to stop today, it could take more than six years by one estimate to smoke or eat it all. Now, the state is planning to…

Oregon’s marijuana surplus not gloom and doom of booming market

The Oregon Liquor Control Commission at the end of January issued a study claiming there’s enough marijuana to supply the state’s recreational market for 6.5 years. The “2019 Recreational Marijuana Supply and Demand Legislative Report” stated the finding was in…

Oregon Marijuana Audit: Everything is All Messed Up and Also Just Fine

By Vince Sliwoski, Attorney at Harris Bricken On January 31, the Oregon Secretary of State released an audit of Oregon marijuana regulation. The audit is a hefty 37 pages, but its core findings are listed right there on the cover…

Oregon aims to create an export market for marijuana

February 12, 2019
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What a difference a state makes. Last week cannabis industry watchers had their eyes on Idaho, where news broke about the Idaho State Police arresting a truck driver for transporting hemp across the border. That same week the state of…

Marijuana supply far outweighs demand in Oregon’s legal market, new study says

February 4, 2019
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Oregon’s regulated cannabis industry is so overstocked with product that it could meet consumer demand for the next six and a half years, according to the state’s analysis of the market. That was one of the conclusions in the Oregon…

Signs of maturity: Facts and figures for Oregon’s marijuana market, three years in

January 18, 2019
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Oregon’s marijuana market is reaching maturity, more than three years into the state’s grand experiment. The once-illegal drug already has brought in more tax money to Oregon than expected. A robust industry has sprouted in Lane County. And marijuana production…

Oregon marijuana prices dive — and sales soar

November 20, 2018
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Rampant overproduction in Oregon’s market for legal, recreational marijuana has produced a 50 percent drop in prices, according to state economists. That widely documented collapse has been tough on farmers and retailers — but a boon for consumers. A new…

Registered medical marijuana patients dropping fast in Oregon

November 3, 2018
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Medical marijuana patients and growers 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…

Oregon Cannabis Sales Are Skyrocketing. But Who’s Buying All That Weed?

August 29, 2018
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The OLCC says two retailers in Multnomah County accounted for more than one-third of all Oregon sales of 8 ounces or more. That's suspicious. The latest statistics on Oregon cannabis show the market is exceeding expectations—and drawing the suspicion of…

Lawmakers will continue shoring up marijuana regulations

August 8, 2018
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A report funded by the federal government says Oregon produces more than 2 million pounds of marijuana each year, more than six times what it says can reasonably be consumed. SALEM, OR — In the wake of a new law…

Oregon Has Too Much Marijuana On Hand, While Colorado’s Pot Supply Is Just Right

Two of the first states to broadly legalize marijuana took different approaches to regulation that left Oregon with a vast oversupply and Colorado with a well-balanced market. But in both states prices for bud have plummeted. A new Oregon report by law…