If Recreational Marijuana Can't Succeed in Oregon, Then the Industry Could Be Doomed

Oregon has clear advantages that make it the perfect test state for the recreational marijuana movement. However, that still doesn't guarantee that marijuana businesses will succeed.

Lately it seems as if the marijuana movement reaches a new milestone just about every week. Last week it was Oregon officially becoming the third state in the country to allow adults ages 21 and up to purchase marijuana for recreational use. Alaska also legalized recreational marijuana sales in the November 2014 election, but it hasn't given legal shops the OK to begin selling the drug as of yet.

Oregon gets the "green" light
According to Oregon's new marijuana law, which was actually passed in November 2014, but only went into effect on Oct. 1, 2015, adults can purchase up to a quarter ounce of marijuana from any of the roughly 200 legal medical marijuana dispensaries located throughout the state. Furthermore, adults ages...

Rate this article: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.