SEC Names Medford Cannabis Farm in $30 Million Securities Fraud Case
Federal investigators say American Patriot Brands, which owns the Urban Pharms cannabis grow in Medford, misrepresented the size and scope of its facility.
Federal investigators say American Patriot Brands, which owns the Urban Pharms cannabis grow in Medford, misrepresented the size and scope of its facility.
Despite inflation, cannabis prices are falling — putting Oregon’s once-thriving pot industry, and government programs that rely on it for tax revenue, in a sticky situation.
The non-psychoactive hemp compound will disappear from grocery stores, but will be available in dispensaries for a one-year grace period.
The MORE Act, which would legalize cannabis nationwide, passed the House of Representatives, marking the first time a federal body has voted to end prohibition. But its future in the Senate is uncertain.
A new wave of buyers has local growers and marijuana conglomerates competing for well-heeled customers.
Solutions are emerging to the challenges of the cash-only nature of Oregon’s cannabis industry.