Status (overview) of bill: https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/SB218
Sunsets authority on January 2, 2022.
Overreach socialism move to artificially limit the growth of the marijuana industry to benefit existing producers. The bill was to counter a glut of marijuana on the market. Many marijuana growers have complained that the market is saturated, and prices are so low that they can’t make a profit unless they are willing to sell marijuana illegally across state lines.
It isn’t governments job to limit entry into the business market. Requires Oregon Liquor Control Commission to process marijuana production license applications received on or before June 15, 2018 and that have submitted a land use compatibility statement within 21 days of the effective date of the measure.
The market should be allowed to self-regulate even if that means growers struggle in the near term due to competition.