Team Thayer Property Servicing

Legalization means that you can possess and use marijuana if you are 21 or older. You can have up to 8 ounces in your home and grow up to four plants, if they're kept out of public view. Oregon residents also can carry up to an ounce outside your house, but it's still illegal to smoke it in public. That's why puffing up in downtown Portland to celebrate legalization is illegal -- sort of like drinking in public. The Oregon Liquor Control Commission published an infographic called  "What's legal? Educate before you recreate,"  which explains the dos and don'ts in stoner-friendly graphics. Pot smokers can share or give away marijuana, but they can't buy it or sell it legally until license retail shops open, which isn't going to happen for a year, at least. The Portland chapter of NORML, a pro-legalization organization, estimates that the first state-licensed retailers in Oregon won't go online until mid-2016 at least. Driving while ston...

Recreational Marijuana in Oregon I was prompted from feedback on my last report on this subject to take a look at Colorado as a template on how to decipher the effect measure 91 will have on the market economics.  The news for investors  based on the Denver housing market is positive to say the least.  "There has been a huge bump in real estate prices due to the legalization of marijuana," according to James Paine, managing partner at West Realty Advisor's. "It's massively pushed up raw land and industry prices." I n March,  Denver experienced the second-largest jump in annual home prices at 10%, just behind San Francisco, according to the S&P/Case-Shiller Home Price Index. "The pot industry is creating jobs we didn't have before," said Kelly Moye, a Re/Max real estate agent who has worked in the Denver area for 24 years. "It's brand new, it adds a whole new factor to the area; you have real estate needs, housing need...