The 2023 Oregon legislative session kicked off yesterday. It’s a regular session this year, meaning we’re in for a longer stretch– a 160 day calendar, versus the 35 day affair we see in even-numbered years. Following November’s elections, the state government also looks quite different than the last few years, from the Governor’s office on
The year 2022 was a busy one for the California cannabis industry, with everything from tax reform to the beginning of enforcement. In this post, I’ll go back through some of the highlight’s for California’s cannabis industry last year. California hints at enforcement? Anyone who knows anything about California cannabis knows that the regulators simply
On December 1, 2022, the Los Angeles Controller released a report (PDF here) with a pretty lame pun as a name: “High Maintenance: Review of the City’s Cannabis Regulation Efforts.” While the report’s name is bland, it reveals the pretty dire state of Los Angeles’s cannabis regulation and licensing. Since opening up for licensing, LA
I previously wrote about how the cannabis industry should prepare itself for tough financial times. Capital is increasingly hard to come by unless you find yourself in a newly launched state like New York, perhaps. But once a state cannabis program is relatively mature, it’s only a matter of time before it’s a race to
It’s no secret that, among California’s many cannabis industry issues, local control continues to stymie the success of the Golden State’s industry. In this, California is not alone– most cannabis is all local. However, after these mid-term elections, there appears to be a bit of a California cannabis local control shift. That’s a good thing.
It’s that special time again, when voters head to the polls to determine who will staff their local, state, and federal governments. This time around though, many voters will also make big decisions about adult use cannabis legalization. That is outstanding all the way around, win or lose. Ten years ago, only two states, Washington
As we previously summarized, on Friday, October 28, 2022, the Office of Cannabis Management (OCM) released its “Guidance for Adult-Use Dispensaries” (the Regulations). The Regulations provide guidance for Conditional Adult-Use Retails Dispensary (CAURD) licensees and applicants. While we believed that the Regulations could be explained in only five (5) parts, after we reviewed the Regulations,
Cannabis Recession on the Horizon A cannabis recession may be coming and no cannabis business is immune. Prices are rising, operations are expensive to run, over regulation is rampant, local control is stifling, and you can’t even take many business deductions with the IRS because of IRC 280E. While things like interstate commerce agreements are
It’s no secret that California cannabis is suffering for a variety of reasons, not least of which is the stranglehold on access caused by local control. Local control is never going away in cannabis. It’s one of the linchpins that gets voters to approve cannabis ballot measures (NIMBYs in particular love local control even though
Government owned cannabis is gaining speed. At least, it is in Canada. This week, I saw a tweet from MJ Biz Daily business journalist, Matt Lamers, that said: The most profitable cannabis businesses in Canada are owned by the government. Provincial monopoly cannabis wholesalers profit/loss (most recent FY): Ontario: $70.2 million; Quebec: $66.5 million; BC:
