Oregon’s ancient marijuana laws, written in an era when preventing federal law enforcement interference was the main focus, Need a general overhaul.
And part of the job must be preparing to supply to other states in a final national legal market, according to the Oregon Liquor and Cannabis Commission (OLCC) review released Friday.
One of the first states to launch regulated, taxable sales of adult use of cannabis, Oregon’s industry is valued at more than $1 billion annually.
The report indicated that legal cannabis sales generated $311 million in tax revenue between 2019 and 2021.
The report said Oregon’s marijuana sector is also hampered by regulations “based on nullifying federal guidance” and does not enjoy the same support that helps other industries in the state.
The review identified other shortcomings.
For example, the OLCC does not track demographic data in order to measure the effectiveness of social justice
Read the full article at Marijuana Business Daily