Oregon’s antiquated marijuana laws, written in an era when preventing federal law enforcement intervention was the main focus, need a general overhaul.
And part of the mission should be preparation for supplying other states in an eventual national legal marketplace, according to an Oregon Liquor and Cannabis Commission (OLCC) audit released Friday.
ADVERTISEMENT
One of the first states to launch regulated and taxed adult-use cannabis sales, Oregon’s industry is valued at more than $1 billion annually.
Legal cannabis sales generated $311 million in tax revenue between 2019 and 2021, the report noted.
But the Oregon marijuana sector is also hampered by regulations “based on repealed federal guidance” and does not enjoy the same support that aids other industries in the state, the report said.
The audit identified other deficiencies.
For example, the OLCC does not track demographic data in order to gauge effectiveness of social equity
Read full article on Marijuana Business Daily