Post Tagged with: "Oregon"

Ohio’s Vote Could Add New State To Booming Marijuana Industry

Ohio’s Vote Could Add New State To Booming Marijuana Industry

If voters approve the amendment to the state constitution, Ohio would become the fifth state to legalize cannabis for adult use. Consumers 21 and up would have the right to possess up to an ounce of the plant, and growers could soon be required to get a license allowing them four plants and eight ounces. Adult-use cannabis is currently available […]

August 24, 2015 · 0 comments · Investing
Impasse in Oregon Over Pot Dispensary Bans

Impasse in Oregon Over Pot Dispensary Bans

The impasse threatens to delay implementation of Oregon’s recreational marijuana program, as the committee finds itself bogged down in MMJ issues. The group must work through these issues before it can begin its key task of setting up a framework to regulate recreational cannabis. The clock is ticking, as recreational marijuana use becomes legal July 1. Some committee members say […]

July 28, 2015 · 0 comments · Investing
Oregon’s Cannabis Creative Conference Adds Investment Forum to Educate Entrepreneurs

Oregon’s Cannabis Creative Conference Adds Investment Forum to Educate Entrepreneurs

“This conference will demonstrate a level of business professionalism we haven’t seen in the industry,” said William Simpson, founder of Chalice Farms, a grow equipment and cannabis consulting firm in Wilsonville, Oregon. “We’re bringing in everyone from Wall Street investors to successful, established experts in packaging, testing, banking and growing.” The two-day Cannabis Creative Conference will host more than 600 […]

July 23, 2015 · 0 comments · Investing
Medical Marijuana Tax In Oregon Proposed By Legislators

Medical Marijuana Tax In Oregon Proposed By Legislators

Prozanski said a sales tax would better accommodate fluctuations in the price of marijuana. He said that marijuana flowers – the most potent part of the plant – have dropped in price recently and that a set-in-stone tax of $35 an ounce could make legal marijuana uncompetitive with the black market. In addition, Prozanski and other legislators said a sales […]

May 28, 2015 · 0 comments · Investing
Bill That Regulates Medical Marijuana Got Favor In Oregon

Bill That Regulates Medical Marijuana Got Favor In Oregon

          Oregon’s got a new bill and this has made some medical marijuana patients frown. It’s Senate Bill 694. Senate Bill 964 limits the number of plants allowed on medical marijuana farms and requires regular reporting by growers on what they are growing and distributing. Urban growers would be limited to 12 plants while those outside cities […]

May 28, 2015 · 0 comments · Investing
Pot Law Changes Won’t Stop With Washington

Pot Law Changes Won’t Stop With Washington

Oregon has long been on the leading edge of the decades-long push to loosen marijuana laws. It was the first state to decriminalize small-scale marijuana possession in 1973 — a step that’s been taken in more than a dozen other states. Marijuana use remains illegal, but possession of a small amount of the drug is punished with a citation and […]

May 5, 2015 · 0 comments · Investing
Oregon Proposal Allowing Recreational Pot Sales

Oregon Proposal Allowing Recreational Pot Sales

            Senator Ginny Burdick (D-Portland) – co-chair of the committee to implement Measure 91 – told KATU the stopgap solution is necessary because the Oregon Liquor Control Commission, which will regulate legal marijuana, previously confirmed the cultivation and retail system will not be initiated until 2016. Senator Ferrioli announced: “Our obligation is to do everything […]

April 29, 2015 · 0 comments · Investing
Problems That Can Arise After Pot Legalization

Problems That Can Arise After Pot Legalization

      Illinois in 2013 passed a highly-regulated pilot program that so far has resulted in a relatively low number of approved patients (1,600 at the state’s last count, earlier this month) and a tediously long delay between becoming law (Jan. 1, 2014) and being launched (it will be months before patients begin picking up prescriptions).  This is because […]

March 16, 2015 · 0 comments · Investing
Kansas Solons Hoping For Hearing On Legal Pot

Kansas Solons Hoping For Hearing On Legal Pot

The bills filed by Sen. David Haley, a Kansas City Democrat, and Rep. Gail Finney, a Wichita Democrat, would allow some patients with chronic illnesses to legally obtain and use marijuana.  The Senate’s Public Health and Welfare Committee plans to conduct new informational hearings on Wednesday and Thursday to hear from supporters and foes, respectively. To date, states where marijuana […]

January 19, 2015 · 0 comments · Investing
Election To Influence Legal Marijuana Market’s Future

Election To Influence Legal Marijuana Market’s Future

Today’s election will not only decide which party controls Congress and the future of President Obama’s agenda, but also the prospects for Americas legal marijuana industry and the growing impact it has on employment, tax revenues, the stock market and even the 2016 Presidential Election. Scott Greiper and Michael Swartz of Viridian Capital & Research, a business advisory and investment […]

November 10, 2014 · 0 comments · Investing