Oregon Medical Marijuana News
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states – 20 so far – have approved laws that exempt, or “decouple,” businesses from Section 280E of the federal tax code.
MJBizDaily mapped a series of visuals illustrating where each marijuana multistate operator is operational.
State regulators and government officials nationwide are taking steps to ramp up enforcement against cannabis companies that fail to pay vendors, taxes or business fees.
Federal law enforcement has assembled a grand jury to investigate a former Oregon official who moonlighted for cannabis companies while overseeing the state’s marijuana regulatory agency, The Oregonian reported.
Canadian producer Organigram Holdings is investing as much as $8 million in Portland, Oregon-based cannabis genetics and seeds company Phylos Bioscience.
Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of its Oregon subsidiaries under receivership.
Oregon Governor Tina Kotek on Tuesday announced that cannabis retailers must pay state taxes or regulators won’t issue or renew their licenses.
