Legalizing marijuana in Oregon would allow the state to join the legal market in the US, making the state more competitive with its southern neighbor.
The state already has legalized recreational use of the drug and recreational sales in November 2018.
Legalizing the drug would give the state control of sales, distribution, manufacturing and sale of cannabis products, including edibles and oils.
The US already has a marijuana industry worth about $6 billion, according to a March 2018 report from ArcView Market Research.
“Oregon is already one of the top 10 states in terms of medical marijuana sales,” said Jim Schmid, CEO of cannabis industry consulting firm Schmid Schmid Consulting.
“This is a really big deal.”
Legalization would also allow Oregon to expand access to the drug, Schmid said.
It could also help ease the state’s opioid crisis, which has resulted in more than 20,000 overdose deaths and more than 2,100 opioid-related hospitalizations since 2016.
Schmid predicts the legalization of marijuana would generate billions in additional tax revenue, allowing Oregon to invest in roads, bridges, water and other public infrastructure.
The cannabis industry has grown rapidly in Oregon over the last several years.
Last year, recreational sales surpassed retail sales for the first time in the state, according the Oregon Department of Revenue.
The drug is already legal in nine states, including Washington, where the state legislature has passed legislation to allow the recreational sales of cannabis to begin in January 2019.
In January 2019, Oregon Gov.
Kate Brown signed the bill into law, which was signed into law by then-Gov.
“It’s going to be a great day for Oregon,” said state Rep. Mike Schulz, D-Portland.
“We’ve been working to legalize marijuana in the past, and now we’re finally getting the opportunity.”
The law also allowed for a limited number of growers to grow up to three plants per household.
Schulz said the growers could only operate under certain conditions.
Schulzes hopes that more growers will join the industry in Oregon.
“I think there’s a lot of momentum for it,” he said.
Schuils family is a medical marijuana patient.
He said his wife had a seizure last year while driving on the Oregon coast.
Schuldts wife had to be hospitalized and he spent days in a coma.
Schunlions medical marijuana business is already licensed by Oregon Health Authority.
The Schulings were the first to start growing their own plants in their backyard.
The couple plans to grow and sell recreational marijuana, but the couple said they’re not planning to take over the business, which would require approval from the state.
Schufets parents were able to start their own business after they purchased their first batch of cannabis plants in 2008.
Schuns family now owns five of the seven dispensaries, but Schuilts is hoping to get to 10 dispensaries.
He is hoping that by the end of 2018, the number of dispensaries in the area would exceed 100.
Schuliets hopes to begin selling cannabis at a dispensary in 2019.
“If we get that license, we’ll be able to get our first harvest, we’d love to see that,” Schuits mother said.
“The biggest thing for us is to be able do this in a way that is safe and responsible and transparent.”
Schulits parents are expecting to have a harvest of their first harvest in the next month.
He has said that the harvest could be harvested within a month or two.
He believes the legal marijuana industry is here to stay.
“There’s not much room for error in the industry,” Schulises father said.