Straw That Broke the Camels Back

Straw That Broke the Camels Back

Yesterday’s

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on Oregon’s
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legislation demonstrates the interdepencies of hemp and MJ policy, and to some extent, markets.  Policy will ultimately dictate the pan-cannabis market landscape, as it does now, but in a dysfunctional way. 

Cannabis policy is essentially layers and layers of legislation, each meant to address unforeseen circumstances that arise.  State governments are getting more savvy about cannabis, particularly the ones that have funded positions and recruited expertise to help guide policymaking. 

Oregon’s bill is a perfect example.  Problems were discovered.  Ubiquitous ∆8-THC in corner stores, and an explosion of cannabis grows hiding in plain sight under the guise of hemp farming.  The latter unfolded in real time over the…

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