Let’s be blunt, Idaho. You’re buying a lot of marijuana in Oregon, and it shows January 19, 2020 AggregatedNews Idaho, Oregon, Washington 0 Comments Idahoans are supporting Oregon’s economy in a major way: It’s where they’re buying marijuana, because it’s legal there but not here. “In things you cannot make up, Oregon sales per adult along the Idaho border are 420% the statewide average,”… Read More→
Oregon Marijuana Surplus a Cautionary Tale for Other States August 5, 2019 AggregatedNews Policy & Legal 0 Comments Five years after Oregon legalized recreational marijuana, its lawmakers now are trying to rein in production, fearing the state’s big weed surplus will tempt some licensed businesses to sell their products out of state or on the illegal market. Such… Read More→
Oregon has too much cannabis. Two laws may help the state manage its surplus June 25, 2019 AggregatedNews Oregon 0 Comments Matt Miller’s family has farmed pot in Oregon since well before it became legal. But since the market flooded after recreational use was approved by state voters in 2014, prices have plummeted, putting strain on the operation he runs with… Read More→
Behind Portland’s blockbuster marijuana deal: a Russian billionaire, cannabis consolidation June 10, 2019 AggregatedNews On the Move 0 Comments A billion dollars for a Portland marijuana company. It’s an astonishing figure. Last month’s deal for Cura Cannabis was the biggest acquisition in the history of legalized marijuana in the United States. It’s a sign of just how quickly the market is… Read More→
Oregon, awash in marijuana, takes steps to curb production June 3, 2019 AggregatedNews Oregon 0 Comments Oregon is awash in pot, glutted with so much legal weed that if growing were to stop today, it could take more than six years by one estimate to smoke or eat it all. Now, the state is planning to… Read More→
Oregon’s marijuana surplus not gloom and doom of booming market March 9, 2019 AggregatedNews Oregon 0 Comments The Oregon Liquor Control Commission at the end of January issued a study claiming there’s enough marijuana to supply the state’s recreational market for 6.5 years. The “2019 Recreational Marijuana Supply and Demand Legislative Report” stated the finding was in… Read More→
Oregon aims to create an export market for marijuana February 12, 2019 AggregatedNews Oregon 0 Comments What a difference a state makes. Last week cannabis industry watchers had their eyes on Idaho, where news broke about the Idaho State Police arresting a truck driver for transporting hemp across the border. That same week the state of… Read More→
Signs of maturity: Facts and figures for Oregon’s marijuana market, three years in January 18, 2019 AggregatedNews Oregon 0 Comments Oregon’s marijuana market is reaching maturity, more than three years into the state’s grand experiment. The once-illegal drug already has brought in more tax money to Oregon than expected. A robust industry has sprouted in Lane County. And marijuana production… Read More→
Oregon marijuana prices dive — and sales soar November 20, 2018 AggregatedNews Oregon 0 Comments Rampant overproduction in Oregon’s market for legal, recreational marijuana has produced a 50 percent drop in prices, according to state economists. That widely documented collapse has been tough on farmers and retailers — but a boon for consumers. A new… Read More→
Marijuana is getting cheaper. For some states, that’s a problem. November 16, 2018 AggregatedNews News & Insights 0 Comments Wholesale marijuana prices in Colorado have fallen by a third in just the past 12 months, continuing a price crash that began soon after the drug was legalized. Although this implies that some marijuana entrepreneurs are going to go bankrupt,… Read More→
Registered medical marijuana patients dropping fast in Oregon November 3, 2018 AggregatedNews Oregon 0 Comments Medical marijuana patients and growers across the state are abandoning the Oregon Medical Marijuana Program. Long considered a source of Oregon's black market, medical marijuana is fast falling victim to a combination of red tape and a different kind of… Read More→
Oregon Has Too Much Marijuana On Hand, While Colorado’s Pot Supply Is Just Right August 3, 2018 AggregatedNews Colorado, Oregon 0 Comments Two of the first states to broadly legalize marijuana took different approaches to regulation that left Oregon with a vast oversupply and Colorado with a well-balanced market. But in both states prices for bud have plummeted. A new Oregon report by law… Read More→
Marijuana Prices Crashing In Oregon After State Stoked Weed Glut June 1, 2018 AggregatedNews Oregon 0 Comments When Oregon lawmakers created the state's legal marijuana program, they had one goal in mind above all else: to convince illicit pot growers to leave the black market. That meant low barriers for entering the industry that also targeted long-standing… Read More→
With A Cannabis Surplus, Oregon Marijuana Farmers Move To Hemp & CBD May 15, 2018 AggregatedNews Hemp Policy & Legal, Oregon 0 Comments A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn't come with a high. Applications for state… Read More→
Oregon To Contribute $1.5 Million A Year To Local Law Enforcement To Cut Down Black Market Cannabis March 7, 2018 AggregatedNews Oregon 0 Comments Oregon legislators want to bust the state’s marijuana black market by giving money to counties with big illegal pot production and little law enforcement. In the recently ended legislative session, state lawmakers approved a bill that will dedicate $1.5 million… Read More→