Applying for or Buying an OLCC Recreational Marijuana License when Licensing is in Flux
If you have been following Oregon Liquor and Cannabis Commission (OLCC) recreational marijuana licensing, you know that licensing is in flux right now. Transactions involving the sale and purchase of businesses have been largely unaffected by the turmoil in licensing. While some purchase prices have been reduced, most transactions... Read more
What is going on with OLCC recreational marijuana licensing?
by Mia Getlin – Partner, Gleam Law We previously reported that, in early November 2021, the Oregon Liquor and Cannabis Commission (OLCC) announced that the agency had lifted its pause on issuing new non-producer recreational marijuana licenses and would immediately begin processing new applications for retail, processor, and wholesaler licenses.... Read more
‘Talk About Clusterf—’: Why Legal Weed Didn’t Kill Oregon’s Black Market
Legalization was supposed to take care of the black market. It hasn’t worked out that way. CAVE JUNCTION, Ore. — The first unlicensed cannabis grow popped up near Gary Longnecker’s remote Southern Oregon home seven years ago. Now there are six farms surrounding the densely-forested property. “Last night I... Read more
Silo Wellness Appoints CEO Douglas K. Gordon to Board of Directors and Provides Corporation Updates
Ryan Allway January 6th, 2022 Psychedelics Toronto, Ontario–(Newsfile Corp. – January 6, 2022) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K70) (“Silo Wellness” or the “Company“), a leading global psychedelics company, is pleased to announce that the Company’s Chief Executive Officer, Douglas K. Gordon, has been appointed... Read more
Grown Rogue Reports Fourth Quarter 2021 Results, 30% aEBITDA1 Margin and 24% Sequential Revenue Growth
Ryan Allway January 5th, 2022 Positive Net Income of $0.43M, before fair value adjustments Q4 2021 Revenue of $3.76M versus $3.03M in Q3 2021, an increase of 24% Q4 2021 aEBITDA1 margin of 30% ($1.14M), versus 25% ($0.77M) in Q3 2021, an increase of 48% ($0.37M) Michigan operations (through Golden... Read more
The Oregon Liquor and Cannabis Commission has spent the last 18 months crafting new rules to improve the state’s cannabis industry. The OLCC announced in a December 28 press release that it would be implementing new cannabis rules that will take effect between 2022 and 2023. Steve Marks, OLCC... Read more
New Oregon marijuana rules let customers buy more, and from farther away
Oregon has approved multiple changes to the regulation of the cannabis industry for the new year, including doubling how much marijuana customers can purchase and allowing home delivery across city and county lines. In a Dec. 28 meeting, Oregon’s Liquor and Cannabis Commission approved new rules that officials say will help... Read more
Oregon changes cannabis rules for the new year
OLCC announces at home delivery updates and increase to THC limits PORTLAND, Ore. (KOIN) — New year, new cannabis rules. In response to the rapid growth of the legal cannabis market, the Oregon Liquor and Cannabis Commission (OLCC) has greenlit several changes regarding recreational marijuana regulations in a meeting... Read more
Lawmakers in Oregon have passed legislation to address the state’s burgeoning illicit cannabis cultivation industry, allotting $25 million to help law enforcement and community organizations fight illegal cannabis growing operations. Oregon voters legalized recreational marijuana and authorized regulated cannabis production and sales in 2014. Since then, illegal cultivation operations... Read more
Chalice Brands Ltd. Announces Final Closing and Amended Terms of Acquisition of Tozmoz Assets, A Premier Cannabis Extractor In Oregon
Ryan Allway December 22nd, 2021 PORTLAND, Ore., Dec. 22, 2021 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announces the Company received all required regulatory approvals from the Oregon... Read more
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