30 Jun A New Era For Recreational Marijuana Dawns Wednesday in Oregon
Wednesday marks the dawn of a new era in the Northwest recreational marijuana market. While possession becomes legal in Oregon for adults 21 and older that day, a bill ushering in a number of sweeping changes to Washington’s recreational marijuana system also will become law.
Gov. Jay Inslee is expected to sign the measure, House Bill 2136, this afternoon, Inslee spokesman David Postman said. Whether Inslee will strike any parts of the bill isn’t clear.
“We don’t give advance word on vetoes,” Postman said in an email to The Columbian, “but I can tell you the administration supported that bill.”
The bill’s key feature is a revamped tax structure that will take effect Wednesday. Few seem to see the bill as a panacea for pot businesses struggling to make money, but many legislators and business owners in the industry say they hope it will relieve the pressure on growers and lead to a price drop at stores. [Read more at the Vancouver (WA) Columbian]
The post A New Era For Recreational Marijuana Dawns Wednesday in Oregon appeared first on Cannabis Business Executive.