Oregon Gov. Kate Brown signed four pieces of cannabis-related legislation this year, including two on Monday. One of the bills signed this week, HB 4094, will ensure that financial institutions that serve both medical and nonmedical cannabis businesses will not be subject to state criminal laws. The other, SB 1524, makes it easier for veterans who receive services from the VA health system to renew medical marijuana registrations.
Her signatures follow last week’s signature on SB 1511, the second of two broad cannabis bills passed this year. That bill includes provisions that will allow businesses serving adult consumers to provide medical marijuana products. It also allows medical marijuana dispensaries to sell concentrates to adult consumers.
The other broad marijuana bill, HB 4014, allows out-of-state investors for marijuana-related businesses along with other changes, and was signed on March 3.
With these signatures, attention can now turn more fully to the roll-out of licenses for businesses that will serve the adult consumer market. Many of the changes that came from legislation this year will make it easier for that transition to take place, including provisions that help established medical marijuana businesses enter into the adult retail market.
A bill that would make several changes to the Oregon medical and adult use marijuana programs passed the House yesterday on a vote of 48-11.
HB 4014 would lower the annual patient registration fee for veterans from $200 to $20, and it would allow medical cannabis patients on probation to be treated the same as if they were administering a prescribed pharmaceutical medication. It would also allow patients who have submitted physicians’ statements to receive medical marijuana before the state issues registration cards — avoiding what for many can be a long delay.
HB 4014 also makes significant changes for businesses. In particular, it would remove current residency requirements for business owners and investors. This has been somewhat controversial — while many support this change as a way for local businesses to get access to much-needed loans, others oppose it as creating more competition for smaller, locally owned shops.
If you are an Oregon resident and support HB 4014, please take a moment to ask your senator to support this important bill and pass it without delay.
Two other bills may also advance this week, including one that makes clear that banks serving marijuana businesses would not be subject to state criminal laws, and another that would allow nonmedical retail businesses to serve medical patients without imposing taxes.