No New Cannabis Licenses: Oregon OLCC Pulls the Plug
Oregon Liquor and Cannabis Commission (OLCC) officials have ceased issuing new cannabis licenses to those who submitted application after Jan.1, 2022
According to a news released by the commission. The license moratorium comes as Oregon’s cannabis market has experienced exponential growth, which has led to a crowded marketplace, according to OLCC officials. Legislation that went into effect earlier this month leaves leeway for OLCC officials to restart licensing at some point in the future, based upon market supply, but language in a subsequent subsection specifically directs the commission to discontinue processing applications submitted after Jan. 1.
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