Oregon Medical Cannabis Business & Marijuana Legal News

Pacific Northwest marijuana investment network set to launch

John Schroyer  | March 21, 2017

Cannabis-related companies in Alaska, Oregon and Washington seeking capital may find some investors through the Cannabis Investment Network, an organization launching this week that aims to connect marijuana firms with financial backers.

Cannabis Investment Network (CIN) is hoping to serve smaller-scale firms that are looking to raise from $500,000 to $3 million, according to a …

Recreational marijuana home delivery kicks off in Oregon

Bart Schaneman  | March 10, 2017

(Correction: An earlier version of this report misidentified the source TV station.)

Oregon’s recreational marijuana businesses are leading the way in the U.S. rec industry with a new service: delivery of adult-use cannabis to a customer’s home.

According to Portland TV station KGW, rec marijuana customers can now order from licensed dealers and have product …

Report: Oregon marijuana industry has $1.2B economic impact

John Schroyer  | March 9, 2017

Oregon’s cannabis industry has produced an economic impact of more than $1 billion, according to a new report.

The report, by economist and marijuana business insider Beau Whitney, found that the Oregon cannabis market created more than 12,500 jobs with an average wage of $12.13 an hour, which translates into roughly $1.2 billion in economic …

Oregon’s recreational marijuana chief resigns

Omar Sacirbey  | March 7, 2017

The top regulator in charge of Oregon’s recreational marijuana program is stepping down, adding to a growing trend of cannabis overseers who are leaving the industry for the private sector.

Rob Patridge said in a news release Tuesday he is resigning as chair of the Oregon Liquor Control Commission to take a …

Lawsuit: Ex-OR official bilked investors in marijuana business

John Schroyer  | February 28, 2017

In what is shaping up to be a cautionary tale for would-be cannabis industry investors, a former county commissioner from Oregon is being sued for allegedly scamming financial backers out of more than $200,000 to ostensibly fund a marijuana business.

Former Jackson County Commissioner Doug Breidenthal is the target of the suit, which …

Chart: License delays plaguing Portland, Oregon, recreational cannabis businesses

Eli McVey  | February 27, 2017

By Eli McVey

Fighting a slow-moving bureaucracy, the overwhelming majority of companies seeking recreational marijuana business licenses in Portland, Oregon, are stuck in various stages of the city’s application process.

It’s a frustrating and potentially disastrous scenario for many entrepreneurs hoping to enter the state’s largest cannabis market.

Recreational marijuana states undeterred by hints of federal crackdown

John Schroyer  | February 24, 2017

By John Schroyer

Despite ominous overtones from the White House, the eight states that have legalized recreational cannabis are proceeding full-bore, whether it’s with running their existing programs or preparing to launch new ones.

Governors and attorneys general responded in unison: They’ll honor voters’ wishes and conduct business as usual while awaiting specific policies.

Week in Review: Seniors + MMJ, Oregon faces changes & Cannabis Caucus debuts

Bart Schaneman  | February 17, 2017

By Omar Sacirbey, Bart Schaneman and John Schroyer

A medical marijuana company in New York lands a nursing home deal, Oregon may align the state’s MMJ and recreational programs under one regulator, and the Cannabis Caucus officially launches.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

OR regulator warns rec cannabis businesses for lax record keeping

Omar Sacirbey  | February 10, 2017

Recreational marijuana businesses in Oregon that do not use the state’s seed-to-sale tracking system could lose their licenses or face fines.

Steve Marks, executive director of the Oregon Liquor Control Commission, delivered that warning Thursday to cannabis cultivators and retailers, noting that roughly 20% of the state’s 900 license holders are not keeping their …