/ Hemp Inc. employee Frank Van Pelt sorts out moldy hemp plants at the White City warehouse.
Lawmakers in Oregon are trying to regulate a lesser-known compound derived from cannabis. It’s an artificially derived product from hemp that produces a high but which is sold with few restrictions.
House Bill 3000 targets a compound known as Delta-8-THC that’s extracted from hemp. Right now, processors can extract CBD from hemp. It s then used in countless health products. But CBD can be further chemically processed to get Delta 8, which has mild intoxicating effects.
“You grow high-CBD hemp, you take that hemp, process it into CBD – okay, so far no problem,” says Rep. Marty Wilde. “But then you process the CBD with chemicals to make it into an intoxicating product. Right now, that’s arguably not prohibited.”
March 30 2021
Sales top $1 billion, but the state s marijuana economy faces federal tax code woes, crime, wildfires and lawmakers eager for revenue
They ve never been higher.
Oregon recreational marijuana sales have climbed to record highs, but some say the industry s woes also have reached an apex. The difficulties range from an unfavorable federal tax code to a dangerous crime wave, wildfires, and cities and counties hungry for a larger slice of the tax pie. Businesses are still struggling, says Kim Lundin, executive director of the Oregon Cannabis Association. High sales don t transfer to overall industry success.
But the marijuana milestone $1.1 billion in sales in 2020, blowing past the $795 million benchmark set in 2019 has started a battle for cash at the state Capitol regardless.
House vote sends legislation to the Senate to ward off potential legal challenges
The conversion of hotels and motels to emergency shelters and low-cost housing would be eased under a bill that is halfway through the Oregon Legislature.
The House voted 41-12 on Wednesday, March 31, to send the bill to the Senate.
House Bill 3261 would exclude the conversion of hotels and motels purchased for emergency shelters or low-cost housing from land use challenges in cities and counties. Lawmakers made federal money available for such purchases last year under Project Turnkey, which is overseen by the Oregon Community Foundation.
Rep. Pam Marsh, D-Ashland, said some projects have proceeded, but others have stalled despite community support.
PETER WONG
Oregon Capital Bureau
The conversion of hotels and motels to emergency shelters and low-cost housing would be eased under a bill that is halfway through the Oregon Legislature.
The House voted 41-12 on Wednesday to send the bill to the Senate.
House Bill 3261 would exclude the conversion of hotels and motels purchased for emergency shelters or low-cost housing from land use challenges in cities and counties. Lawmakers made federal money available for such purchases last year under Project Turnkey, which is overseen by the Oregon Community Foundation.
Biden Admin to Extend Pause on , Student Loan Interest and Collections. White House press secretary Jen Psaki announced the extension during Tuesday s press conference. The pause on collections will affect over a million borrowers who have loans in default through private lenders. This step particularly protects 800,000 borrowers who are at risk of having their tax refunds seized, Jen Psaki, White House press
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