Leaders of Oregon’s cannabis industry are asking the state to permanently restrict the number of new cannabis businesses.
To date, Oregon has approved over 3,000 licenses for the farming, processing, or sale of cannabis. Industry advocates say since businesses can’t export to other states, that’s far more than what their customers need.
“There are so many businesses competing for the same amount of market share that it's just not feasible,” said Mike Getlin, the board chair of the Cannabis Industry Alliance of Oregon. Since June 2018, a series of legislative and informal moratoriums have stopped additional licensure. However, the version that’s currently in place is set to expire this April.
The Oregon Liquor and Cannabis Commission said if that happens, it would have to start processing applications again, and the agency doesn't believe it’s in the legal position to create its own pause.
Read more at klcc.org