Over the past fiscal year, the California cannabis industry has seen tremendous financial and economic hardship. Many large-scale cultivators and multi-state operators such as Curaleaf and Trulieve have closed several stores across the Golden State and popular gummy brand Wana has left the state entirely....
Despite being the fourth state to legalize recreational cannabis nearly a decade ago by now, Oregon has seen major issues arise in the state’s cannabis industry. Firstly, the oversupply and lack of demand given the state’s population has caused the price per pound of cannabis...
Even with recent tremendous financial and employment-related hardships upon almost every business that’s a part of every state’s cannabis industry, the massive success of this industry that’s so rapidly become a multi-billion dollar industry must also be acknowledged. In just Colorado alone since their first...
As the current state of the American economy is one that many of our most esteemed economists would consider to be a “recession”, industries across the United States are being affected. One such industry being drastically impacted by the sunken state of the economy is...
Oregon Enforces Moratorium on New Recreational Cannabis Licenses On March 2, 2022, the Oregon State Senate passed HB 4016, which extends and expands the long-standing Oregon Liquor & Cannabis Commission (OLCC) recreational cannabis licensing moratorium. HB 4016 extends the licensing moratorium through at least March 3,...
During Oregon’s 2021 legislative session, a new bill was passed that completely shifts how the state regulates the hemp industry. While the intent of House Bill 3000 (“HB 3000”) was to remove and deter “bad actors” that have invaded Oregon’s hemp industry in the last...
Since legalizing marijuana in 2014, the State of Oregon has experienced an oversaturation of its legal marijuana market, driving down prices and creating a surplus. Observers have opined that the surplus is fundamentally caused by the initial explosion of the industry upon legalization, and Oregon's...
On Friday, the U.S. Attorney for the District of Oregon, Billy Williams, issued a memorandum titled “Priorities in Enforcement of Federal laws Involving Marijuana in the District of Oregon.” The memo explains that changes are afoot in enforcement policies and practices with respect to federal marijuana...