No Cannabis Cap Campaign
This referendum seeks to remove the 20-store cap on the number of marijuana retail shops allowed under the local marijuana ordinance approved this spring. It also changes the distance required between marijuana retail facilities and dispensaries from 250’ to 100’. The 20 licenses would be chosen according to a point system, which would award a maximum of 34 points for meeting requirements set, which ranged from having at least $150,000 in liquid assets, good for two points, to being majority-owned by socially and economically disadvantaged individuals, for six points. The city of Portland lost a lawsuit in Sep brought by Wellness Connection, with the judge ruling it is unconstitutional to prefer local ownership.
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Yes - For the Measure
No - Against the Measure
What would this choice mean?
* Cap helps out of state businesses who are better resourced
* It makes it harder for new small businesses to get into the market
* With increased choices and competition, consumer prices would drop
* As currently written, a part of the cap system was found to be unconstitutional
* Several businesses have already applied for licenses that would not be allowed if the 250’ restriction is maintained.
* Having a cap on licenses helps the city support local businesses and those owned by disadvantaged communities
* If there are too many retail stores, they could flood the market, drive down marijuana prices and make it likely that stores would fail, which wouldn’t be good for the city or the industry.
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