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Home 🌿 Marijuana Business News 🌿 Oregon Approves Out-of-State Investors Joining the Cannabis Industry 🌿Oregon Approves Out-of-State Investors Joining the Cannabis Industry
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The subscription service is currently unavailable. Please try again later.Even though legal sales of recreational marijuana have been happening in Oregon since October of last year, things still aren’t quite finished being settled as far as regulations go. Currently, recreational marijuana is being sold by medical dispensaries – but by the end of the year, the industry will be turned over to the Oregon Liquor Control Commission.
In the next 35 days, a number of different policies will be considered for approval by the Senate Committee. The first one to be addressed and passed was a law that previously required those entering the Oregon cannabis industry to have been a legal resident of the state for at least 2 years prior to application.
The new provisions will allow anyone to invest in the industry, regardless of their permanent residency location. This opens up a lot of opportunities for anyone who has been considering becoming a part of this industry...
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