Opinions expressed by Entrepreneur contributors are their own.
As of Jan. 1, Oregonians can legally purchase up to two ounces of cannabis flower from licensed retailers, NORML reports.
In a Dec. 28 meeting, Oregon’s Liquor and Cannabis Commission approved new rules, including doubling how much marijuana customers can purchase and giving the green light to home delivery across city and county lines, among other issues.
The new provisions are expected to help streamline oversight of the industry, reduce violence and help keep children from accessing hemp products containing THC, the agency said.
Last year, lawmakers enacted legislation, Senate Bill 408, allowing the amount of cannabis flower that adults can possess to two ounces and more when they’re in their homes.
Ending illegal weed grows and decriminalization efforts
The new rules have taken effect on the heels of Oregon lawmakers passing Senate Bill 893 and Senate Bill 5561 last month, with a goal of putting an end to illicit cannabis cultivation by creating better infrastructure to fight the proliferation of illegal marijuana grows in Southern Oregon.
If you are looking for the perfect trading strategy tailored to your preferences then click here to take our FREE Benzinga Trader Strategy Quiz!
SB 5561, a funding bill, includes $20 million for the Illegal Marijuana Market Enforcement Grant Program and another $5 million to the state Water Resources Department for increased water rights enforcement.
In November, voters in Oregon approved Measure 110, which will decriminalize the possession of small amounts of all illegal drugs, such as cocaine, heroin, oxycodone, methamphetamine and LSD, as well as create a support program for drug abuse and addiction.
Oregonians also voted to approve another measure, which is seeking to create a program for the therapeutic use of psilocybin — the active ingredient in “magic mushrooms.”