Cannabis & Psychedelic Services Accounting Specialists
As voters head to the polls, an important issue is on the table that could significantly affect Oregon’s cannabis industry. Measure 119 proposes a requirement for cannabis businesses, including dispensaries and processors, to allow unionizing efforts while exempting the alcohol industry from similar obligations. This creates an unfair burden on cannabis operators in an already highly competitive market.
The Struggles of Cannabis Businesses
Dispensaries and processing businesses in the cannabis sector often operate with narrow profit margins and face intense competition. The addition of compliance costs and administrative demands associated with unionization could prove particularly challenging, especially for smaller businesses with limited resources.
Imbalanced Regulations
What makes this situation even more concerning is the regulatory imbalance created by this measure. While cannabis businesses would be compelled to provide employer neutrality and grant union access to employees, alcohol businesses, regulated by the same agency, the Oregon Liquor and Cannabis Commission (OLCC) are not subject to these requirements. This discrepancy unfairly impacts the cannabis industry, putting its operators at a disadvantage compared to their alcohol counterparts.
Take Action
Calyx CPA encourages all voters to consider the implications of Measure 119 carefully. By voting NO by November 5th, you can help prevent the undue burden on Oregon’s cannabis dispensaries and processors, ensuring a more level playing field in this competitive market. Your voice matters, let’s protect the future of Oregon’s cannabis industry together!
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Cannabis & Psychedelic Services Accounting Specialists
Calyx empowers entrepreneurs to build thriving businesses through accurate accounting and expert tax & accounting services by our licensed professionals.
541-816-4483