Longtime Oregon marijuana regulatory director Steve Marks resigns

Published

2 years ago

February 14, 2023

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Steve Marks is resigning as director of the Oregon Liquor and Cannabis Commission, effective Wednesday.

Marks had served as head of the agency since 2013.

According to Associated Press, Marks’ resignation came after an investigation showed he and other members of the agency had procured rare, expensive bottles of bourbon for themselves and lawmakers.

Marks and the other senior officials said they had paid for the bourbon and hadn’t resold it to anyone.

But they admitted they used their commission positions and relationships to acquire the whiskey.

Gov. Tina Kotek sought Marks’ resignation in January, before she knew about the investigation into the bourbon issue, Willamette Week reported.

“Gov. Kotek has requested that I resign from my position as executive director of the Oregon Liquor and Cannabis Commission,” Marks wrote in his resignation letter.

“Because I believe that the governor

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Ohio recreational marijuana sales near $90 million in 7 weeks

Published

3 days ago

October 4, 2024

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Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.

Between Aug. 6 – when adult-use sales began in Ohio – and Sept. 28, sales totaled $87.1 million, according to the latest report from the state’s Division of Cannabis Control.

The report also found that recreational retailers sold 10,213 pounds of recreational flower and 1,361,146 units of manufactured products.

The price per gram of recreational flower has fallen steadily from a high of $9.42 in mid-August to a low of $8.23 per gram the week ending Sept. 28.

Likewise, the average price of recreational manufactured products also has fallen steadily, from a high of $31.65 in mid-August to a low of $30.04.

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Marijuana delivery company Eaze has new owner after assets auctioned

Published

6 days ago

October 1, 2024

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California-based marijuana delivery company Eaze Technologies has a new owner after a public auction of corporate assets.

The bundle of Eaze assets were purchased for $56 million in August via a telephone auction by a firm owned by Netscape co-founder James Henry Clark, according to Green Market Report.

Though Clark now has ownership of Eaze, the company’s future is up in the air.

“The new ownership group is evaluating the status of each state’s operations and expects to make a decision prior to year end about what will continue to operate or be closed down,” Eaze CEO Cory Azzalino told Green Market Report via email.

Clark’s FoundersJT acquired the following assets from San Francisco-based Eaze:

Accounts. Chattel paper, which denotes a

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Cannabis brand West Coast Cure asks court to toss pesticide-spurred lawsuit

Published

1 week ago

September 27, 2024

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The parent company of West Coast Cure (WCC), one of California’s largest and most well-known marijuana brands, has filed a petition to dismiss a class action lawsuit that claims the operator skirted state regulations and sold unsafe vape products that contained banned pesticides.

WeedWeek first reported the development, in which Shield Management Group, doing business as WCC, is named as defendant.

The class action lawsuit, filed in June by a WCC customer in Superior Court of the State of California in Orange County, alleged the company deliberately manipulated test results “to hide dangerous contaminants in the products” and issued inaccurate certificates of analysis.

WCC did not immediately respond to an MJBizDaily request for comment.

The Orange County-based company, which sells an extensive

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