Oregon Medical Cannabis Business & Marijuana Legal News

Oregon tech firm wins Iowa’s medical cannabis seed-to-sale contract

Iowa has awarded Oregon tech company BioMauris a contract to run a seed-to-sale platform for the state’s upcoming low-THC medical marijuana program, according to a news release from the company. The contract for BioMauris’ software platform will be worth $300,000 to the company, a spokesman said. The arrangement will run for two years with Iowa having […]

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Oregon to boost law enforcement efforts against black-market cannabis

Oregon lawmakers have dedicated an extra $1.5 million to local law enforcement agencies to combat illegal cannabis businesses in poorer counties. According to The Register-Guard, the move was largely in response to a summit last month hosted in Portland by a U.S. attorney who warned that if states don’t do more to combat the illicit […]

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Week in Review: Oregon’s cannabis oversupply, marijuana job growth & hemp lawsuit

Oregon’s top prosecutor says the state’s marijuana industry has an oversupply problem, cannabis job postings are soaring, and a lawsuit targets a Vermont hemp producer. Here’s a closer look at some notable developments in the marijuana industry over the past week. Oregon’s ‘bloody’ market Oregon U.S. Attorney Billy Williams called a meeting of key officials […]

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Oregon audit: Cannabis tracking system vulnerable to compromise

An audit of Oregon’s top marijuana regulatory agency found that the state’s marijuana tracking system lacked proper safeguards, making it easier for cannabis businesses to hide violations such as illegal sales. The findings come less than a week after Oregon’s top federal prosecutor said the state has a “formidable” problem with marijuana overproduction that winds up […]

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Stand-alone marijuana growers in vertically integrated markets seek alternate sales channels

To bolster their bottom line and maintain a solid position in the market, stand-alone marijuana cultivators in Nevada, Colorado and Oregon that don’t possess retail licenses are pushing for the right to open stores or even sell cannabis directly to customers. As recreational marijuana supply increases and wholesale prices slide accordingly, stand-alone cultivators are feeling increasingly […]

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U.S. prosecutor: Oregon has big marijuana overproduction problem

Oregon’s top federal prosecutor said the state has a “formidable” problem with marijuana overproduction that winds up on the black market – and he wants to work with state and local leaders and the marijuana industry to do something about it. U.S. Attorney Billy Williams convened an unprecedented summit of influential federal law enforcement representatives, […]

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‘Decimated’ by oversupply, Oregon wholesale prices for outdoor-grown trim, flower for oil drop to $50 a pound

Oregon’s marijuana cultivators are facing a challenging environment that favors vertically integrated companies and craft cannabis.

Wholesale prices for outdoor-grown marijuana have dropped to as low as $50 a pound. 

These low wholesale prices refer to trim and to outdoor-grown flower sold to processors who make cannabis oil.

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Oregon marijuana businesses face tougher penalties for selling to minors

The agency that regulates Oregon’s marijuana market has passed new rules that include heavier penalties for cannabis retailers and employees who sell product to minors. Effective immediately, first-time offenders will face 30-day license suspensions or a $4,950 fine, the Portland Business Journal reported. The new fine is triple the previous amount for the same offense and triple what alcohol […]

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Oregon credit union, tech firm to offer marijuana banking services

Oregon-based Wauna Credit Union has forged a partnership with Arizona tech firm Hypur that will allow the financial institution to service marijuana-related companies. According to the Coast River Business Journal, the credit union believes the partnership will allow the institution to “become part of the solution and not part of the problem.” Hypur is providing […]

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19 attorneys general urge Congress to give cannabis states access to banking

A letter to 10 major Congressional leaders from 19 attorneys general asks Congress to push through legislation that would allow states with medical or recreational marijuana laws to bank as other business do. The group suggests that Congress give special attention to measures such as the Secure and Fair Enforcement Banking Act (SAFE). Congressman Ed Perlmutter, D-Colorado, introduced […]

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Oregon marijuana retailers busted in underage-sales sting

Nearly 20% of state-licensed marijuana retailers in a recent undercover operation sold cannabis to underage buyers, according to Oregon authorities. The Oregon Liquor Control Commission told The Oregonian that 16 of 86 shops sold marijuana to people younger than 21 during decoy visits in December. The agency issued citations to the violating stores, which also […]

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Colorado marijuana edibles maker Wana Brands expands into Arizona

As the first step of a plan to expand into six marijuana states in 2018, edibles maker Wana Brands has established a presence in Arizona.

According to a news release, the Colorado company’s gummies are now available in medical cannabis dispensaries throughout the state.

Wana Brands’ products will be manufactured and distributed through an agreement with AltMed Arizona.

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