The cannabis industry is flourishing, and sales in Oregon are projected to be over 1 billion by the year 2025. Here are some key licensing requirements to consider when establishing a legal Cannabis business in Oregon.
Disclaimer: Cannabis laws vary from upon state. Although these key points are important when choosing to open a dispensary, This article is not legally-binding professional advice. Business owners, investors, and operators must acquire the appropriate legal counsel in the state of Oregon when considering opening a dispensary or obtaining a medical marijuana card.
Process of Obtaining a License in Oregon
At the time of this post, the Oregon Liquor Control Commission, the board responsible for the governance of cannabis in Oregon, has not reopened its application process to obtain a license to sell cannabis. However, there is a strong chance that the board will begin accepting and reviewing new applicants as early as February of 2020. There are three main licensing tiers in the state of Oregon:
Marijuana Producer License
The state of Oregon offers a Marijuana Producer License. This type of license allows entities to produce cannabis to harvest, produce dry, trim, manicure as well as package cannabis in bulk for sale at a wholesale price to cannabis processor license holders as well as additional cannabis producer license holders. Moreover, a Marijuana Producer License also allows the production and selling of the following cannabis-related products:
- 1. Cannabis plants, seeds as well as plant matter and culture to other marijuana producer holders
- 2. Immature cannabis plants or clones as well as cannabis seeds to members of a registered cooperating entity, qualifying marijuana patients, or listed cannabis providers;
- 3. Immature cannabis plants or clones, as well as cannabis seeds to licensed cannabis researchers.
The application fee for obtaining this type of license is $250. This amount is refundable and applicable to all forms of marijuana licenses
Marijuana Processor License
The next type of license prospective business owners may be interested in obtaining in Oregon is the Marijuana Processor License. This type of license allows license holders to process, dry, manicure, label as well as package consumable cannabis, and cannabis concentrates, as well as cannabis-infused products intended for sale at wholesale value to additional marijuana processors as well as marijuana retailers.
Marijuana Retailer License
The last type of license available in Oregon is the Marijuana Retailer License. This type of license allows retailers to sell exclusively consumable cannabis, and cannabis concentrates, cannabis-infused products, cannabis equipage. One can also sell securable containers to store cannabis at retail or in retail outlets to individuals who meet the requirements to purchase cannabis in the state of Oregon.
Cannabis Purchasing Limits in Oregon
Adults who are ages 21 and over must adhere to daily purchasing limits. The current limits outlined by the board are:
- One ounce (28 grams) of dry cannabis flowers
- 5 grams of cannabis concentrates
- 16 ounces (448 grams) of cannabis-infused edibles
- 2 Liters (72 fluid ounces) of cannabis-infused liquids
Most cannabis consumers will agree that is amount is more than enough for daily purchases.
Cannabis Businesses and Advertising
Similar to other items regulated by the Oregon Liquor Control Commission, there are advertising restrictions that proprietors must follow. This includes:
- No advertising products within 1,000 feet of an elementary school
- Coupons or sweepstakes for cannabis products are prohibited
- Billboards are allowed but must include 21+ age restriction warning
Additional Cannabis Regulatory Information
Getting into the cannabis industry in the state of Oregon is a delicate process and requires a tightrope approach to prevent the revocation of licenses. Be sure to consult with the proper entities when advertising cannabis products.