The OLCC Commission has approved the following “Marijuana Licensee Stipulated Settlements” and we note there are 7 agreed settlements with Nectar over a number of violations especially at their Applegate Valley location.
After a quick look around we note that
…also noticed that something seems afoot at Nectar, who we gather, believe themselves to be the “McDonald’s of Portland cannabis.”
One of Oregon’s largest and oldest cannabis companies, Nectar was fined for violations on seven of it’s licences across the state. Five of its grow operations were fined, their Portland dispensary was fined and their wholesale division for a total of over 66,000 dollars.
Of course they do have the option of shutting down, instead of paying the fines, for anywhere from 21 days to 120 days for some locations. It all depends on the severity of the violations. The fines can range from a few thousand for selling to a minor, as is the case with the dispensary fine. Or, it can be almost $12,000 for multiple violations in handling and deliveries, as with their wholesale license location.
Few choose to close when facing such penalties since the cost of being shut down is higher than just paying the fine. But, this may have cast some shade on the claim they are the “McDonald’s of Portland cannabis.”
Here’s the full alert from the OLCC
Portland, OR — At its regular monthly meeting on May 28, 2020, the Oregon Liquor Control Commission approved four marijuana violation stipulated settlement agreements:
MANA FARMS * will pay a fine of $2,640 OR serve a 16-day recreational marijuana producer license suspension for two violations.
Licensee is: Mana Holdings, LLC; Gordon Massie, Member; WWM, LLC, Member; Morgan Whitford, Member; Shadow Ray Unltd, LLC, Member; Reuben Ray, Manager/Member; Joint Holdings, LLC, Member; Sean Carriger, Manager/Member.
TKO RESERVES* will pay a fine of $4,950 AND serve a 69 day recreational marijuana producer license suspension, OR pay a fine of $9,900 for two violations.
Licensees are: TKO Holdings, Inc.; Charlie Cassidy, Pres/Dir/Stkhldr; Joanne Beckett, Secretary; Tracy Bouchard, Treas/Dir/Stkhldr; Bruce Beckett, Director/Stkhldr.
TAP RELOOP* will pay a fine of $6,105 OR serve a 37-day recreational marijuana producer license suspension for two violations.
Licensees are: Tap-ReLoop, LLC, Co-Licensee; High Spirit Acres, LLC, Co-Licensee; Patrick Pooler, Member.
AJ’S NIRVANA FARM* will surrender its recreational marijuana producer licenseAND each licensee agrees to accept a letter of reprimand for two violations.
Licensees are: AJ’s Nirvana Farm, LLC; Michael Petrin, Member.
NECTAR in Portland will pay a fine of $3,465 OR serve a 21-day recreational marijuana retailer license suspension for one violation.
Licensees are: Nectar Markets, LLC; Nectar Holdings, Inc., Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR* will either serve a 79-day suspension OR pay a fine of $11,880 AND serve a seven-day recreational marijuana wholesaler license suspension for eight violations.
Licensees are: Nectar Markets, LLC; Nectar Holdings, Inc., Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR/APPLEGATE VALLEY (AVO) (#A0F3)* will either pay a fine of $4,950 OR serve a 30-day recreational marijuana producer license suspension for three violations.
Licensees are: Applegate Valley Organics, LLC; Nectar Holdings, Inc., Managing Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR/APPLEGATE VALLEY (AVO) (#E7E2)* will either pay a fine of $8,250 OR serve a 50-day recreational marijuana producer license suspension for five violations.
Licensees are: Applegate Valley Organics, LLC; Nectar Holdings, Inc., Managing Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR/APPLEGATE VALLEY (AVO) (#7A3E)* will either pay a fine of $4,950 OR serve a 30-day recreational marijuana producer license suspension for three violations.
Licensees are: Applegate Valley Organics, LLC; Nectar Holdings, Inc., Managing Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR/APPLEGATE VALLEY (AVO) (#3833)* will either pay a fine of $19,800 OR serve a 120-day recreational marijuana producer license suspension for four violations.
Licensees are: Applegate Valley Organics, LLC; Nectar Holdings, Inc., Managing Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.
NECTAR/APPLEGATE VALLEY (AVO) (#8267)* will either pay a fine of $13,200 OR serve an 80-day recreational marijuana producer license suspension for four violations.
Licensees are: Applegate Valley Organics, LLC; Nectar Holdings, Inc., Managing Member; Jeremy Pratt, Pres/Dir/Stkhldr; Jeffrey Johnson, Vice President; Michael Olson, Sec/Treas.