Medical Marijuana in Oregon Could Flourish

oregon_01Whenever you go into a business venture, regardless of the fact what kind of business that would be, you have to have a business plan. That business plan usually holds a profit/loss projection for the next five years because most businesses need those five years to get back everything they invested, only to finally start making clean profit from the venture itself. A dispensary, like any other business, has investments regarding permits, lease, cultivation and acquisition of cannabis from the distributors.

Profits & Costs

If the new bill passes and legalizes such establishments, we can expect over 200 hundred cannabis retailers popping up in the state during the next two years. The retailers are expected to cough up $4,000 a year for a registration license. According to current estimates, Oregon could see up to $900,000 in the next two years from dispensaries alone. The Legislative Fiscal Office made the estimate and a budgetary committee went through the proposed figures a couple of days ago. Creating the registry is also pretty costly as it would need a small staff to make sure everything goes according to plan. To be exact, four people are needed for that particular job and their salaries would be covered from registration fees. Rep. Peter Buckley said that this bill is Oregon’s best shot at regulating medical marijuana properly.

Unregulated Territory

Medical marijuana has been legal in Oregon since 1998 and its black market has been flourishing ever since. The state is running wild with medical marijuana, especially Jackson and Josephine counties, the latter of which is pretty much the center of the state’s cannabis cultivation industry. Actually, there is a surplus of medical marijuana in Oregon and there’s one thing that Oregonians don’t do – they don’t let that shit go to waste. That’s why you can walk into a lot of cafes and lounges and walk out with some sweet buds in your pocket.

Black Market Economics

If this bill passes, current and future dispensary owners would have to go through criminal background checks, keep actual real records of how much cannabis goes through their dispensary. Still, there is one major flaw in the bill – there are no routine inspections being mentioned, which is something that Colorado has embraced wholeheartedly. The police chief in Medford is not that excited about the bill as it does very little to control the black market of medical marijuana in Oregon because the focus here is on distribution and all those rules and regulations do nothing to regulate the actual production of marijuana. The proposal covers only whether cannabis cultivators are registered with the state and that’s it, no further inspections seem to be necessary. The bill should add a couple of regulations regarding the cultivation of marijuana, as that should be one of the first steps of eradicating the black market.


Leave a Reply

Popular Forum Threads

  • How to get a medical marijuana card

    Just trying to spread the word about a sweet site that is showing people how to get a medical marijuana card in california and 13 other states.

    Read more >
  • Growing marijuana for medical marijuana patient

    I have a friend who is eligible for Medical Marijuana. He knows someone who wants to grow Marijuana and distribute it to him and other patients, I guess they are called "caregivers?" For the record they have gone to a clas to learn how to do this process. I have several questions that I need answered before Saturday.

    Read more >
  • Obtaining pot from another state

    If you live in a state (fla) that doesn't support medical weed, and if you have a card from another state, is it possible to obtain the cannabis from a state that does cater to us? Mail , ups, fed ex ?

    Read more >
  • Vaporizer Corner - Get Started

    I love my vapes. I have many, and have tried most. Each has a learning curve to it, especially the portable ones. You have to take a day to learn each.. and most new Vaporists think that they are not that crazy about their choice on the first couple of tries.

    Read more >
  • The Herbal Review

    I just got my VaporBlunt 2.0 and might have found my new love. I'm going to use it a bit more over the weekend, and hopefully make a full video review next week; after I get a better understanding/feel for the vape.

    Read more >
  • Vaporizers

    What are the types of Vaporizers available in the market?

    Read more >