Oregon Medical Marijuana Business Conference to Convene in Eugene
Saturday, March 07, 2015
“Attendees will learn about the existing marijuana industry, what can be expected with recent legalization for all adults, and business opportunities... surrounding the industry,” said Alex Rogers, CEO of medical cannabis clinics Ashland Alternative Health and Northwest Alternative Health, in a press release.
The conference will provide existing owners and potential entrepreneurs with networking opportunities and insider knowledge about the industry. Participants will also gain a clear understanding about the mix of business and politics necessary for a successful marijuana business.
Anthony Johnson, who helped lead Oregon’s legalization campaign as Director of New Approach Oregon, said in a statement that the conference will be valuable to entrepreneurs.
“A good product or service, combined with good business practices and politics, will help people succeed in the medical field today and in the future, when legalization is fully implemented in Oregon,” said Johnson.
Speakers at the conference will include: Gary Johnson, former Governor of New Mexico and current CEO of Cannabis Sativa, Inc.; Tom Burns, director of the Oregon Liquor Control Commission’s implementation of Measure 91; and Steve DeAngelo, Director of Harborside Health Center, the largest medical marijuana dispensary in the U.S..
The OMMB Conference, Hilton Eugene, 66 E. 6th Avenue, Eugene, Oregon, Sunday and Monday March 15 - 16, 10am - 5pm, $349. For more information, click HERE.
Related Slideshow: 7 Things Oregon Can Learn from Legal Marijuana in Washington
In the wake of what many business owners, lobbyists and advocates call a rocky implementation of recreational marijuana in Washington, Oregon regulators have the opportunity to learn from their neighbor to the north.
Engage Medicinal Marijuana Industry Experts
Washington has been criticized for not incorporating the medicinal marijuana industry or its experts, in its transition to legalization.
“Give all of the people who are legally in the medical marijuana system an easy path, keep people in place,” lobbyist Geoff Sugerman said.
By being the first state to legalize medicinal marijuana in 1998, Oregon has the advantage of a fully functional supply chain of medicinal growers and retailers
Connect Growers and Retailers
Washington Retailers say at first it was hard to find newly licensed marijuana growers. The state can help the fledgling industry by helping to better connect producers and retailers, Cannabis City in-store manager Amber McGowan said.
Regulating wholesalers is another way to go between growers and retailers, McGowan said.
Phase in Retail and Production Permits together
By proportionately phasing in retail and pot farming permits, Oregon can prevent both the short supply and flooded market that Washington experienced. In July, retailers sold out in days, while the approved growers scrambled to meet the demand. According to McGowan, there are too many growers and not enough retailers to sell to now.
“There are too many farmers going out of business because there are not enough people to sell their product,” McGowan said. “To make it super successful, don’t over saturate the market with growers.”
Solstice Grown grower Alex Cooley advocates not putting a cap on the number of licenses issued at all.
Avoid Heavy Taxation
In Washington, growers pay an excise tax of 25 percent tax between grower and processor, another 25 percent tax between processor and retailer, and another 25 percent between retailer and customer.
This means a gram of marijuana, which goes for less than $10 on the black market, goes for $25 in retail stores, Cannabis City's Amber McGowan said.
This price differential is driving customers to the black market, critics say.
Don't Use a Lottery System
To limit the number of retail stores per county, would-be retailers entered a lottery through Washington's regulators to determine who was eligible to apply for a permit.
Critics say the lottery system cut out qualified retailers, some who had experience from the medical cannabis industry, while allowing unqualified people to set up shop.
Talk to Cities and Counties
Taking into account the laws specific to counties and municipalities will be essential to Oregon’s success in implementation, William Simpson of Northwest Producers and Processors Association.
“The single largest mistake we could make is not talking to the attorney generals, cities and counties about moratoriums and what would be allowed,” Simpson said. In Washington, some license holders were unable to open due to county moratoriums and bans.
Treat the Industry like Agriculture
Grower Alex Cooley argues that because marijuana is a plant, it should be regulated like an agricultural crop, taking into consideration harvest cycles. Washington suffered a short supply in July, and then a flooded market following the harvest of outdoor crops in the fall.
Cooley urges Oregon regulators to allow crops on farm land, as some Washington cities are now banning grow operations within city limits.
“It’s a plant, it should grow in the sun, not in a warehouse in Seattle,” he said.
- Oregon Liquor Control Commission Releases Marijuana Policy Recommendations
- Why Legalizing Marijuana Makes Sense for Oregon
- Washington’s 7 Marijuana Legalization Mistakes Oregon Can Avoid