Adult-Use Legalization Has Led to $7.9B in Tax Revenues for States
Thu / May 27th
Adult-use cannabis legalization in the U.S. has generated nearly $8 billion in tax revenue for the states that have passed the reforms.
Oregon helped pioneer medical cannabis in the U.S. and was among the first states to legalize adult-use cannabis. Scroll down for news about the state’s latest cannabis policy and business happenings and to browse our Q&A and podcast interviews featuring Oregon-based cannabis business owners.
Thu / May 27th
Adult-use cannabis legalization in the U.S. has generated nearly $8 billion in tax revenue for the states that have passed the reforms.
Wed / Mar 24th
Oregon officials are working to bring Delta-8-THC — a largely unregulated analog of THC that can be derived from hemp — under the regulatory control of the state’s cannabis and alcohol commission.
Mon / Mar 22nd
Oregon State University has received nearly $300,000 in federal grants to investigate the safe use of using spent hemp biomass to feed cattle.
Wed / Mar 17th
Bend, Oregon-based cannabis technology company Dutchie announced it recently raised $200 million and has acquired Greenbits and Leaflogix for an undisclosed sum.
Thu / Mar 4th
A recent BDSA report found that global cannabis sales reached nearly $21.3 billion last year.
Thu / Feb 4th
A group of Oregon activists, business owners, and lawmakers have put forward the Oregon Cannabis Social Equity Act, which aims to use cannabis tax dollars to help repair damage done by the racist drug war.
Mon / Feb 1st
Oregon’s first-in-the-nation drugs decriminalization policy takes effect today. The measure was approved by voters last November.
Fri / Jan 29th
According to the Leaflink 2020 Wholesale Cannabis Pricing Guide, wholesale flower prices increased 18% nationwide last year while edibles/ingestibles saw an 11% price decrease.
Fri / Jan 8th
Cannabis regulators in Oregon issued an immediate recall after an extract product failed pesticide testing. The contaminated cannabis originated from a medical grower whose product was transferred to the adult-use industry.
Wed / Dec 16th
Oregon’s Deschutes County has announced a lawsuit saying it should be paid a portion of the state’s cannabis tax revenue despite having banned any new cannabis processing and cultivation facilities in the county in 2019.
Wed / Nov 4th
With the landmark passage of Measures 109 and 110, Oregon voters have opted to decriminalize drugs and legalize medicinal psilocybin.
Tue / Nov 3rd
Across the U.S. today, voters from Montana to New Jersey will consider a series of ballot initiatives that could represent yet another dramatic shift for the country away from our archaic cannabis and drug policies.
Wed / Oct 28th
Jay-Z’s new cannabis brand Monogram has launched a billboard advertising campaign at the borders between states with disparate cannabis laws.
Fri / Sep 25th
Federal lawmakers have introduced a measure that would give the cannabis industry access to federal disaster relief programs after wildfires in the west destroyed multiple cannabis farms.
Tue / Sep 15th
The cannabis industry has been hit hard by wildfires raging up and down the West Coast.
Wed / Aug 19th
Cannabis dispensaries in Portland, Oregon have been targeted by at least 47 break-ins since May; store owners believe it’s the same group hitting multiple dispensaries.
Wed / Jul 29th
Killer Mike and El-P, the rappers known collectively as Run the Jewels, have partnered with cannabis companies Cookies and Lemonnade to provide their first branded cannabis strain, Ooh Lala.
Thu / Jul 9th
Oregon’s initiative to legalize the medicinal use of psilocybin has officially qualified for the November ballot.
Wed / Jun 17th
Portland, Oregon officials are redirecting $12 million from the police department toward helping communities of color; at least $2 million of the funds are derived from local cannabis taxes and fees.
Fri / Jun 5th
Oregon’s monthly cannabis sales surpassed $100 million for the first time since the state legalized adult-use cannabis in 2015.
Wed / May 27th
A RICO case brought by an Oregon homeowner against more than 80 cannabis companies has been dismissed at the plaintiff’s request.
Wed / May 20th
Cannabis sales are going strong in Oregon despite the pandemic with a record-setting $89 million worth of product sold in April.
Mon / May 11th
Separate campaigns to legalize psilocybin therapy and to decriminalize all illegal drugs have teamed up in Oregon to gather signatures.
Mon / May 11th
Oregonized Hemp Co. is suing two different sheriffs’ offices claiming that they unlawfully seized and destroyed $2 million worth of the company’s industrial hemp crop.
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