(1) In addition to the powers granted nonprofit corporations under ORS § 65.077 and 65.081, a medical marijuana dispensary that is owned by a nonprofit corporation organized under ORS Chapter 65 may receive by gift, devise or bequest:

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Terms Used In Oregon Statutes 475C.850

  • Bequest: Property gifted by will.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.

(a) Usable marijuana, immature marijuana plants and seeds from registry identification cardholders, designated primary caregivers, persons responsible for marijuana grow sites, persons who hold a license under ORS § 475C.065 and persons who hold a certificate under ORS § 475C.289; and

(b) Medical cannabinoid products, cannabinoid concentrates and cannabinoid extracts from persons responsible for marijuana processing sites, persons who hold a license under ORS § 475C.085 and persons who hold a certificate under ORS § 475C.289.

(2) If a registry identification cardholder’s annual income is at or below the federal poverty guidelines, a medical marijuana dispensary that is owned by a nonprofit corporation organized under ORS Chapter 65 shall dispense usable marijuana, immature marijuana plants, seeds, medical cannabinoid products, cannabinoid concentrates and cannabinoid extracts to that registry identification cardholder or the designated primary caregiver of that registry identification cardholder free of charge or at a discounted price.

(3) The Oregon Health Authority shall adopt rules necessary to implement this section. [Formerly 475B.873]