Thursday, August 28, 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

Marijuana prices still dropping in Oregon

Graham Cooper by Graham Cooper
March 14, 2023
in Business, Featured
Share on FacebookShare on Twitter
89

Doesn’t seem like we can find the bottom of this deflation on marijuana prices.

Over the past several months, the oversupply issue in the marijuana industry has begun to crater the prices growers are able to get when selling their product. Along with California, Oregon is at the forefront of business in the west, and with a smaller population, we’re seeing the effects hit this state hardest.

In February, the median price of a gram of marijuana at a retailer dropped down to $4, a record low. That’s 16% down from February 2022.

On the wholesale side, median price of a pound was at $550 (which is $1.21 per gram) in December. But as a silverlining, this price actually went up slightly to $599 in February. The good news stops there unfortunately, since this is a 25% drop from prices a year ago.

This is all a correction. The excitement around legal marijuana was (and still is) so huge that many people got into the business looking for a surefire way to make cash. The problem is now, according to the Oregon Liquor and Cannabis Commission, demand for marijuana is just 63% of the supply.

“Declining wholesale and retail prices for usable marijuana are due to large stocks of usable marijuana inventory leftover from previous years, which is likely to continue to put downward pressure on prices,” stated the OLCC’s report.

There is simply much more weed out there than anyone can bother with, and that’s hurting the business at every angle. Because of this, companies like Curaleaf are leaving the state of Oregon.

As an ominous warning, the OLCC’s report contains this statement: “[The cannabis market] has proven resilient, but until the federal legal landscape changes, two fundamental facts remain unchanged: in-state supply is boundless, while in-state demand can only grow so much.”

Read the full report here, and MJBizDaily’s review here.

Visits: 956
Previous Post

‘Father Of Cannabis Research’ Raphael Mechoulam Has Passed Away At 92

Next Post

Marijuana Legalization Bill Passed In Hawaii, Moving the Island State One Step Closer To Cannabis Freedom

Graham Cooper

Graham Cooper

Next Post
Marijuana Legalization Bill Passed In Hawaii, Moving the Island State One Step Closer To Cannabis Freedom

Marijuana Legalization Bill Passed In Hawaii, Moving the Island State One Step Closer To Cannabis Freedom

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
  • Kamala Harris Didn’t Talk With Rogan About Legalization, She Should Have

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

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Where do Republican senators stand with weed?

Where do Republican senators stand with weed?

June 30, 2021
Indica vs. Sativa: Is there really a difference?

Indica vs. Sativa: Is there really a difference?

November 22, 2021
How’s legal marijuana doing in Germany?

How’s legal marijuana doing in Germany?

0
Kamala Harris Mentions Cannabis Reform For The First Time Since The Election

Kamala Harris Mentions Cannabis Reform For The First Time Since The Election

0
Federal agents in DC are saying Trump is tired of marijuana

Federal agents in DC are saying Trump is tired of marijuana

August 21, 2025
Own a Firearm and Like Medical Cannabis? A Federal Appeals Court Just Handed You A Win

Own a Firearm and Like Medical Cannabis? A Federal Appeals Court Just Handed You A Win

August 21, 2025
ADVERTISEMENT
Marijuana with Hemp

Browse by Category

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

Recent News

Federal agents in DC are saying Trump is tired of marijuana

Federal agents in DC are saying Trump is tired of marijuana

August 21, 2025
Own a Firearm and Like Medical Cannabis? A Federal Appeals Court Just Handed You A Win

Own a Firearm and Like Medical Cannabis? A Federal Appeals Court Just Handed You A Win

August 21, 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