[ad_1] Can a creditor, landlord or other third party take a security interest in an OLCC license? Can an OLCC licensee collateralize or pledge its license– as if that license were personal property, and not just a permission conferred by the state? These are two sides of an academic question we’ve been batting around for years because it has serious, practical implications. The short answer is: “yes, an OLCC license can be collateralized.” Now, what…
"Oregon Cannabis: The OLCC License as Security"Tag: Oregon
[ad_1] It’s been an eventful month in Oregon cannabis. Below are some early summer notes on three things we’ve been doing and watching and writing about. The Chalice receivership I covered this last month as the ship was going down. Today, the Oregon receivership is well underway and we’re getting regular notices. It hasn’t been smooth from my perspective. The receiver initially rejected a raft of leases, including one held by a landlord we represent.…
"Oregon Cannabis Round-Up: Chalice Receivership, New Tax Rules, New Laws"
[ad_1] The Oregon Health Authority (OHA) approved its final rules for the Oregon Psilocybin Services Act on Dec. 27. The Act was originally created through the passing of Ballot Measure 109 in November 2020, which was later codified into law as ORS 475A. The OHA’s final rules were created through recommendations from the Oregon Psilocybin Advisory Board, the Rules Advisory Committee, and public comments. Initially the OHA released its first subset of rules in May…
"Oregon Health Authority Finalizes Rules for Psilocybin Services Act"
[ad_1] Betsy Johnson is firmly behind the wheel, driving through an urban dystopia of poverty and despair. “God knows, we need a real solution to the homeless crisis,” she says brusquely. Tent cities and garbage-strewn sidewalks flash by. It will require new leadership, she goes on, and a different type of politics, embracing the best ideas of Democrats and Republicans, without regard to party labels. “We shouldn’t have to choose,” says Johnson, who is waging…
"Oregon governor’s race a rare battle in Democratic stronghold"