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Marijuana: Falling Prices and Retailer Saturation?

Recreational marijuana prices are falling and, in much of the state, retail options are plentiful. It appears to be a cannabis consumer’s dream, or at least what voters hoped for back in 2014 when Measure 91 was passed. Now, it has not been an entirely smooth ride to date, and concerns remain. Chief among them, […]

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Top Cannabis Companies Crush These 7 Industry Hurdles

This website is informational and cannot diagnose or treat illness or disease. Medical marijuana should be used under the direction of a licensed healthcare provider. This site is intended for adults and legal medical marijuana patients.This site contains advertisements. If you click a link and make a purchase, I may be paid a commission.

The Cannabis Industry Is Booming But Companies Still Face Challenges The first law in America regarding marijuana actually required farmers to grow cannabis in order to support the textile industry, yet today, the plant is banned at the federal level. Yet finally, legislation is easing with more than half the United States ending prohibition. Social acceptance is also blossoming, but compared to other industries, it has far to go. Cannabis companies today–from corporate conglomerates to small-time ganjapreneurs–are faced with challenges that business owners in other sectors don’t face. This is unfortunate for communities and dangerous to businesses. Ultimately, it’s not

The post Top Cannabis Companies Crush These 7 Industry Hurdles appeared first on Marijuana Mommy.

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Governor Murphy Signs Executive MMJ Order

This website is informational and cannot diagnose or treat illness or disease. Medical marijuana should be used under the direction of a licensed healthcare provider. This site is intended for adults and legal medical marijuana patients.This site contains advertisements. If you click a link and make a purchase, I may be paid a commission.

Summary of Phil Murphy’s Sixth Executive Order: Read the executive order in full here. The Department of Health and The Board of Medical Examiners will review all aspects of the current medical marijuana program. They will then make recommendations to revise the current rules and remove any obstructions. The intention of the review is to find ways to expand access to medical marijuana. The review will conclude within 60 days (from January 23).  The order specifically mentions the following items; it also uses the language, “including but not limited to”: Rules governing operations and locations of dispensaries & cultivation facilities.

The post Governor Murphy Signs Executive MMJ Order appeared first on Marijuana Mommy.

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Recreational Marijuana Sales (Graph of the Week)

The big news this morning is that the federal government, led by Attorney General Jeff Sessions is set to rescind the so-called Cole memo, or memos as the case may be. For those who don’t know, the New York Times describes it as “an Obama-era policy of discouraging federal prosecutors from bringing charges of marijuana-related […]

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Oregon Recreational Marijuana Forecast

SB 845, among other things, would give our office the recreational marijuana forecast responsibility. While not current law yet, we went ahead and produced such a forecast for the first time in our most recent quarterly forecast. What follows below the fold is an extended summary of our forecast work, including lots of pictures, I […]

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New Oregon Law Lets Recreational Users Buy Edibles

Gov. Kate Brown signed a bill into law Tuesday that integrates Oregon’s medical and recreational marijuana programs.

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Pushing for Banking Guidelines for Marijuana Businesses

EUGENE, Ore.— Oregon Senators Ron Wyden and Jeff Merkley are working with other lawmakers to pave the way for marijuana businesses to get access to bank accounts. 

The owners of K-9 Chronic in Springfield, Eric Stevens and Chris Curtiss, said business is booming since they opened six months ago. However, business is bittersweet because they are afraid their success may turn them into targets. 

“None of us feel safe even leaving here because we always think that somebody thinks that we have money,” said Stevens. “It would be easy to have a bank. It would be simple.”

According to the owners, running a cash-only business is not only inconvenient, but risky. 

“The state puts a requirement that the safe has to be at least 800 pounds or bolted to the ground, so all the product as well as the money has to go in the safe at the end of the night,” said Curtiss.

Senator Wyden said he’s working with Senator Merkley and lawmakers in Colorado and Washington where marijuana is also legal. They sent a letter to federal financial regulators Thursday pressing them to provide banks with clear guidelines. 

Marijuana is legal in several states, but many business owners are forced to make business payments with cash because many banks won’t give them access to an account, fearing backlash from the federal government.

“We have got to make it possible for people at these lawful businesses to be able to use banks,” said Senator Wyden. 

Stevens and Curtiss said new guidelines would allow them to focus less on accounting and more on their growing business. 

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Oregon Marijuana Survey Project

OLCC: Cities and Counties Marijuana Ban List Updated

The Oregon Liquor Control Commission has updated the list of Oregon cities and counties which have prohibited the establishment of licensed recreational marijuana producers, processors,…

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