It’s been a while since we wrote a “brass tacks” post on Oregon cannabis licensing. This blog post will cover some FAQs, from the perspective of an attorney who has worked on hundreds of these deals, since the very first licenses were transferred.
Is OLCC issuing new marijuana licenses?
Yes, but on a “one in and one out” protocol. The only way to acquire a cannabis license in Oregon (aside from a laboratory license) is to find a willing seller, and enter into a coordinated transaction with that seller and OLCC. This protocol has followed Oregon’s robust secondary market for “naked license” transfers since January 1, 2022, when the OLCC stopped taking new license applications due to a saturated market and administrative backlog.