Oregon aims to create an export market for marijuana
Marijuana Industry NewsOregon February 13, 2019 MJ Shareholders 0
What a difference a state makes. Last week cannabis industry watchers had their eyes on Idaho, where news broke about the Idaho State Police arresting a truck driver for transporting hemp across the border.
That same week the state of Oregon held a hearing on a Senate bill that would eliminate the prohibition on interstate transportation of marijuana – and create the possibility for the state to export the product to other states where the product is legal.
The twin goals of the legislation are to address rampant oversupply in Oregon’s pot marketplace and pave the way for immediate adoption of interstate commerce once marijuana becomes legal at the federal level.
It took more than a year after Oregon legalized pot to create a regulatory structure necessary to actually get the market off the ground, said Donald Morse, a Portland-based consultant for the cannabis industry. Advocates don’t want to be mired in the same kind of bureaucracy once pot becomes legal nationwide. [Read more at Freight Waves]
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