Oregon Cannabis Industry in ‘Weakest Economic Position’ Since Launch in 2016

The recreational cannabis industry in Oregon is in its “weakest” economic position since the legal market launched in 2016, according to a new report released by state regulators.

The report, released last week by the Oregon Liquor & Cannabis Commission, detailed that, after a “banner sales year” in 2020, cannabis producers in the state “entered 2021 exuberant and optimistic about the future of the market – and made their planting decisions accordingly.”

“However, the fading of demand as 2021 progressed, exacerbated by a record outdoor harvest in October 2021, set off a slide in prices that put the entirety of

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The recreational cannabis industry in Oregon is in its “weakest” economic position since the legal market launched in 2016, according… Continue reading
The post Oregon Cannabis Industry in ‘Weakest Economic Position’ Since Launch in 2016 appeared first on GrowCola.com.