Oregon Senate In A Historic Decision Votes No To A Measure Limiting Marijuana Producer Licenses

New DG PNG

Oregon keeps capitalism alive

the state should instead let the free market dictate prices, the plan amounted to “socialism” and was “a stab at capitalism in pure form.””

— Senate Minority Leader Herman Baertschiger Jr

PORTLAND, OR, USA, April 12, 2019 /EINPresswire.com/ — Oregon Senate in a landmark decision voted no to a measure that would have allowed the state to limit the number of marijuana production licenses it issues based on supply and demand for the product. Many struggling operators were asking for limitations while some operators praised the decision as a win for the state. We asked Jetblack CEO what he thought of the decision.

Dan Goldin – Limiting the licenses based on surplus is not the best way to go. Just because there is a surplus does not mean the product is of good quality. No one wants bad quality product, if the flower doesn’t have all the right attributes for smoking or vaping, it may not be sellable or desirable. This surplus means there is a lot of bad marijuana no one wants to buy. If it was good quality for the right price, it would be sold. This is the market naturally working itself out. Prices have been stuck in the illegal price range for way too long. Companies have been asking medical patients to pay black market prices, sometimes prices that they couldn’t afford. We couldn’t agree more with Senate Minority Leader Herman Baertschiger Jr. when he said the state should instead let the free market dictate prices. He said the plan amounted to “socialism” and was “a stab at capitalism in pure form.”

The measure was moved back to the Rules Committee for further review.

Disclaimer:

DG Ventures, Inc is a news dissemination service, the company also provides insight, marketing, business development and consulting services in various industries. We provide biased and non biased information and opinions. DG Ventures, Inc. may or may not hold stock, equity, or financial interests in the companies we have discussed in this press release. DG Ventures, Inc., a business development, marketing, and news dissemination service is designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, Cannabis, Agriculture, Tech, Entertainment, and Philosophy. DG Ventures, Inc. creates unique original content. DG Ventures, Inc. also provides news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique channels that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications. Please Note: DG Ventures, Inc. is not a financial advisor or advisory, broker dealer or investment advisor and do not undertake any activities that would require such registration. The information provided by DG Ventures, Inc. is either original news or paid advertisements provided [exclusively] by our affiliates (sponsored content), DG Ventures, Inc., a news media, marketing and business development firm enters into media purchases or service agreements with the companies which are the subject to the terms or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, complete or unbiased. DG Ventures, Inc. receives fees for producing and presenting high quality and sophisticated content disseminated by DG Ventures, Inc. along with other corporate news PR media services. DG Ventures, Inc. only aggregates, creates unique content, or regurgitates corporate news through our unique news distribution channels and other sources. It will regurgitate public sentiment, public opinion and private testimonials and personal opinions. DG Ventures, Inc. will not be held liable for disseminating public opinion, sentiment, or corporate marketing. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this feature, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. DG Ventures, Inc. will always disclose any compensation in securities or cash payments for news PR advertising. DG Ventures, Inc. does not undertake to update any of the information on the editorial or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or an investment recommendation. The information contained herein is not a solicitation or offer to buy, hold or sell any security. DG Ventures, Inc., members and affiliates are not responsible for any gains or losses that result from the opinions or statements expressed on this editorial, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. By accessing this Press Release and or website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by DG Ventures, Inc. constitutes a recommendation for any investor to buy, purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by DG Ventures, Inc.. As a disclosure, DG Ventures, Inc. is a major shareholder in JetBlack Corp., a publicly traded company. DG Ventures, Inc also may from time to time manage, operate, and or provide IR services for JetBlack Corp, its subsidiaries, affiliates and other non related entities. Daniel A. Goldin is the CEO and Chair of DG Ventures, Inc. and CEO and Chair of JetBlack Corp. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You unconditionally agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable and accurate, but its accuracy and completeness are not guaranteed. None of this editorial is a buy or sell recommendation or financial advice and should not be interpreted in this way. Do not make financial decisions based on this editorial. For the latest updates please follow DG Ventures, Inc. twitter page.

Media Services
DG Ventures, Inc.
+1 800-321-9490
email us here


Source: EIN Presswire