Oregon Medical Cannabis Business & Marijuana Legal News

Cannabis firm Indus acquires multistate concentrate, vaporizer brand for $20M

California marijuana supplier Indus Holdings expanded its operations to Nevada and Oregon by signing an agreement to acquire the assets of W The Brand, a manufacturer and distributor of marijuana concentrates, cartridges and disposable pens, for $20 million in stock and cash. Here’s what you need to know: Salinas-based Indus will gain a 24,000-square-foot cultivation […]

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Oregon marijuana company reaches agreement in suit with former partner

Oregrown, a vertically integrated cannabis company in Bend, Oregon, settled a dispute with former grower and business partner Justin Crawn. The company agreed to dismiss its lawsuit against Crawn, including all court fees and outstanding claims. The Bend Bulletin reports that the original suit filed by Oregrown in August sought $2.7 million in damages. Crawn […]

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US DOJ: Cannabis staffing firm employee cannot file for bankruptcy

The U.S. Justice Department said an Oregon woman who works for a marijuana staffing agency can’t use bankruptcy protection because of her firm’s cannabis ties. The Wall Street Journal reported the department’s decision is part of the DOJ’s larger policy to impose the federal marijuana ban on individuals whose income is connected to the cannabis […]

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Cannabis group Curaleaf to acquire Cura Partners for CA$1.27 billion

Massachusetts-based Curaleaf, a vertically integrated cannabis company, agreed to acquire Portland, Oregon-based Cura Partners in an all-stock deal worth 1.27 billion Canadian dollars ($949 million). Curaleaf will issue 95.6 million subordinated voting shares, giving Cura a roughly 16% stake in the company. The deal is the latest in a string of recent mega-deals in the cannabis […]

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Chart: Eastern US salaries top Western compensation in cannabis

Salaries for employees of U.S. marijuana companies lean higher in East Coast markets than on the West Coast. That’s one key takeaway from a Marijuana Business Magazine survey of cannabis industry recruiters. Exceptions exist, of course, such as California, where salaries are higher than average, and Florida, where they are lower than average. Several factors […]

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Oregon cannabis regulators consider stiffening noncompliance penalties

Oregon is calling out licensed recreational marijuana operators who fail to follow the law. The Oregon Liquor Control Commission (OLCC), which regulates the state’s legal cannabis industry, noted at its monthly meeting that there “remains significant noncompliance by marijuana licensees failing to abide by the state’s laws and rules.” According to a news release, the […]

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Marijuana Business This Week: German medical cannabis contracts, CBD self-regulation, MMJ group’s bank account closed & more

Here are some notable stories and events to watch for in the coming days: MAKING IT OFFICIAL: Contracts between Germany’s Federal Institute for Drugs and Medical Devices and the three companies it tentatively selected to cultivate and distribute its medical cannabis could be formalized as early as Wednesday after a mandatory 10-day appeals process expires. […]

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Oregon lawmakers reject plan to restrict recreational cannabis supply

The Oregon Senate shot down a plan to limit the state’s supply of legal, adult-use marijuana, which would have benefited cannabis companies with an established foothold in the state. The proposal was a response to a rampant oversupply of marijuana that’s caused prices in the state to plummet. The measure would have allowed the state […]

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Another California marijuana testing lab accused of falsifying results

Another California cannabis testing lab has been accused by a former employee of misrepresenting marijuana potency numbers. The allegation emerged because of a legal dispute between Oregon-based Green Leaf Lab, which also has a facility in Sacramento, and competitor 2 River Labs, according to the Sacramento Business Journal. Only three months earlier, a different Sacramento marijuana […]

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Ancillary marijuana companies hit by declining economies pivot to emerging MJ markets

Tumbling wholesale cannabis prices in some markets are devastating plant-touching operators and generating negative fallout for ancillary companies that provide services and products to those businesses. In order for supplementary companies such as accountants, consultants and security firms to continue to grow and maintain healthy revenue streams, some owners are looking to emerging cannabis markets […]

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Chart: Adult-use marijuana sales spike 7% on Valentine’s Day

Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend – a trend that is reflected in retail marijuana expenditures in several adult-use markets. The National Retail Federation (NRF) estimated that total 2019 spending on Valentine’s Day gifts in the United States would exceed $20 billion, making the holiday No. 3 […]

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