New York’s health department recommends doubling the size of the state’s medical marijuana industry, Oregon recreational applications flood in as adult-use sales skyrocket, and Michigan’s MJ legal limbo may persist a few more years.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
Although rec sales began at medical dispensaries last October, the state didn’t begin taxing those sales until January, at 25%. The 2016 sales figures for the first seven months are in line with the $180 million-$220 million in retail sales …
Out-of-state investors are pumping millions of dollars into Oregon’s marijuana industry now that a restrictive residency requirement has been abolished, giving local cannabis businesses a sorely needed pipeline of money to tap as they grow.
Oregon already has a recreational marijuana industry, but that’s only true in about half of the physical state. Most of eastern Oregon, and a good bit of the western half, chose to ban rec businesses after the 2014 election, but the topic will be back on the ballot this year in several dozen …
A co-founder and former employee of one of Oregon’s largest wholesale cannabis distribution firms has filed a lawsuit against the company’s CEO, alleging the executive “groped and smelled her” and that complaining about the harassment led to her dismissal.
Whitney Hobbs, a co-founder of Highly Distributed, filed the suit in Multnomah County Circuit Court on Monday,