OLCC Notice Of Public Hearing: Sale Of Marijuana Items To Minors

OREGON: The OLCC Rule Amendments increase the penalty for any sale of a marijuana item to a minor. The Commission is charged with regulating the sale of marijuana items. From the inception of the marijuana program, one of the key public safety concerns has been preventing the sale of marijuana items to minors.

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The amendments increase the penalty for any sale of a marijuana item to a minor.

The Commission also requests comments on whether other options exist and/or should be considered for achieving the rule’s substantive goals while reducing the negative economic impact of the proposed rule on business.   After the hearing, you may submit written comments in person, by mail, by fax or by e-mail (see above for relevant contact information). However, all written comments must be received by 5:00 p.m. on Monday, May 28, 2018.  Notice of Public Hearing and Proposed Draft Rules

Investors Get High On Marijuana

NEW YORK: The business of legal weed is entering a new stage, as a broad infrastructure of related services, particularly financial, develops.

Last year former videogame entrepreneur Dooma Wendschuh began soliciting investors for what he viewed as a big idea: distilled marijuana extracts, developed by scientists, that could be used for “edibles,” such as brownies, and vaporizers. Rather than hawking flavors or strains of pot, his company, Ebbu, would aim to deliver consistent feelings, such as “chill” and “giggles.”

Raising funds wasn’t easy, to put it mildly. Wendschuh approached seven investing groups, by his estimate, made hundreds of presentations, and asked more than 450 individuals to put up cash. Four months of grueling effort yielded him $2 million. So far business has been good. Ebbu’s first line of extracts has been flying off the shelves in four Colorado dispensaries since it launched in April. The profit margins are huge: Ebbu makes its extracts for $2 and sells them for $35. “You can make a lot of money in marijuana,” Wendschuh says. “If you make it, it will sell. It’s unreal.”

Marijuana Regulations Up For Discussion Before Thurston County Commissioners

WASHINGTON: Thurston County residents will once again debate whether to extend recreational marijuana regulations that have been in place since November 2013.

The discussion will take place Tuesday at a public hearing held by the Thurston County Board of Commissioners. The hearing will start at 5:30 p.m. in Room 280 of the Thurston County Courthouse, Building 1.

Planning Manager Mike Kain said county staff will recommend that commissioners renew the interim regulations for another six months without changes. He said they’ve encountered few problems with the current rules.

“I can say I think it’s working pretty well, and for that reason we are not planning on making any changes,” Kain said.

Under the regulations, recreational production and processing are permitted in most zones that permit agriculture or industrial uses, and marijuana retail is allowed in most commercial zones. Medical marijuana, however, is unregulated.

Kain said the lack of medical marijuana regulations may generate some comments from meeting attendees.

“We may have some people asking us to incorporate medical marijuana into the regulations, or to enact a moratorium,” Kain said.