Vikerus Forrest
Active Member
I've read a large portion of the temporary rule published on the state website and have some serious concerns to voice.
First and foremost is the amount and detail of information being required by the application process. From everything I've read it seems like a very large database is being created on all cannabis related business. Which spells prices fixing and insider knowledge when cannabis hits markets and the stocks exchange is involved. Betting on futures will be simple... for those working for the state... If you have not read the very strangly specific requirements on security systems. Do it now. https://www.oregon.gov/olcc/marijuana/Documents/TemporaryMarijuanaRules_adopted_102215.pdf
Second and just as disturbing. The prices of licensing and fees attributed to it. They are in a single word, predatory. $5000 for each accepted license? And fees up to and above $100 for late entry? What is this? By my estimation this means that cartel fronts will in the best position to start up and will quickly out pace mom and pops who have to build up capitol just to get into the field.
If money is what they want. Do it the right way. Let the supplier supply what is in demand and collect the taxes. By making crazy entry fees the state is actually slowing the potential grow of revenue (fewer people will be on the tax for longer). Can't the people making this happen realize that?
Please leave your thoughts on this situation. I think we have some real issues ahead.
First and foremost is the amount and detail of information being required by the application process. From everything I've read it seems like a very large database is being created on all cannabis related business. Which spells prices fixing and insider knowledge when cannabis hits markets and the stocks exchange is involved. Betting on futures will be simple... for those working for the state... If you have not read the very strangly specific requirements on security systems. Do it now. https://www.oregon.gov/olcc/marijuana/Documents/TemporaryMarijuanaRules_adopted_102215.pdf
Second and just as disturbing. The prices of licensing and fees attributed to it. They are in a single word, predatory. $5000 for each accepted license? And fees up to and above $100 for late entry? What is this? By my estimation this means that cartel fronts will in the best position to start up and will quickly out pace mom and pops who have to build up capitol just to get into the field.
If money is what they want. Do it the right way. Let the supplier supply what is in demand and collect the taxes. By making crazy entry fees the state is actually slowing the potential grow of revenue (fewer people will be on the tax for longer). Can't the people making this happen realize that?
Please leave your thoughts on this situation. I think we have some real issues ahead.