New Oregon Cannabis Licensing Freeze Could Last ‘Decades’
The state currently has 2,781 active licenses
The state currently has 2,781 active licenses for the farming, processing, and sale of cannabis.
Oregon issued an indefinite pause on new cannabis licenses after permanently tying new issuances to population growth, and officials say it could take a long time before conditions for more are met.
Since June 2018, the state issued a series of moratoriums and administrative halts on new licenses as it wrestled with how to control market expansion. The state currently has 2,781 active licenses for the farming, processing, and sale of cannabis, according to data from the Oregon Liquor & Cannabis Commission.
“It was really quite altruistic to have an unlimited licensing program in the early days in Oregon,” Joy Hudson, co-founder and CEO of Oregon-based Nimble Distribution, recently told Green Market Report. “The intent was to encourage everyone to apply and give opportunity to anyone that was interested.”
But things are different now, compounded by concerns such as lulled federal legalization and the inability to export surplus product.
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