Monday, October 13, 2025
MWH
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
Marijuana with Hemp
No Result
View All Result
Home Business

Huge Marijuana Sales from Pandemic-era are Flattening

Graham Cooper by Graham Cooper
September 20, 2022
in Business, Featured
Share on FacebookShare on Twitter
129


In the state of Oregon, the hugely successful marijuana industry is seeing a big correction take place.

Back in September 2020, Oregon was seeing a median price for dried flower resting at $161 per ounce. Now, it’s down 27% to $118 in August, which is an all-time low in the state.

An even bigger drop is happening with payouts for weed farmers. There’s a 62% difference between the $1,299 per pound high in price from September 2020 and August’s $493 per pound price. Producers are able to self-distribute in the state of Oregon, but even with that factoring in, the numbers are pretty bleak.

Sales in total are down 15% in the state at $633.8 million. This is after a moratorium went into effect in the state, capping the amount of licenses given, due to a crowded marketplace. That surely is a small factor in the poor numbers here.

“Really, this is a story of supply exceeding demand, just like any other free market where you see prices going up or down,” says TJ Sheehy, OLCC Director of Analytics and Research. “Supply is likely still going to exceed demand. Really, the moratorium served to sort of stanch the bleeding to a degree in terms of more people coming in, especially on the production side.”

Read the original story at Cannabis Business Times.

Visits: 834
Previous Post

San Francisco is the next city in line to decriminalize psychedelics

Next Post

New iPhone Update takes Cannabis as a consideration in Health App

Graham Cooper

Graham Cooper

Next Post
New iPhone Update takes Cannabis as a consideration in Health App

New iPhone Update takes Cannabis as a consideration in Health App

ADVERTISEMENT
  • Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    0 shares
    Share 0 Tweet 0
  • Where is marijuana on the ballot in November?

    0 shares
    Share 0 Tweet 0
  • Doordash gets into the Weed Delivery Business

    0 shares
    Share 0 Tweet 0
  • Barstool Sports Delves Into the Realm of Cannabis

    0 shares
    Share 0 Tweet 0
  • Kamala Harris Didn’t Talk With Rogan About Legalization, She Should Have

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Biden Finally Comments on Marijuana Pardons

Biden Finally Comments on Marijuana Pardons

July 19, 2022
The Battle Between Weed Enthusiasts and the Fearful Media

The Battle Between Weed Enthusiasts and the Fearful Media

July 14, 2022
Cannabis Use Now Surpasses Alcohol Use According to new Study

Cannabis Use Now Surpasses Alcohol Use According to new Study

0
Biden is trying to win the election by getting more people high, Senator says

Biden is trying to win the election by getting more people high, Senator says

0
Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

October 10, 2025
Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

October 7, 2025
ADVERTISEMENT
Marijuana with Hemp

Browse by Category

  • Business
  • Featured
  • Hemp Politics
  • Lifestyle
  • Medical
  • Medical Marijuana
  • Politics

Recent News

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

October 10, 2025
Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

October 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Marijuana With Hemp

No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop

© 2024 Marijuana With Hemp