Tag: CBT > Oregon Cannabis Market Overproduction

Arizona

Up or Down? A Look at Sales So Far in Adult-Use Cannabis States

Midyear reports are out. Here’s a look at year-over-year cannabis sales in adult-use states.

August 20, 2023

Cannabis Sales Trends

Colorado, Oregon Face Steepest Cannabis Market Corrections

The two states had the largest sales declines among five adult-use cannabis markets with year-over-year drops.

February 7, 2023

California

Curaleaf Announces Closure of Operations in California, Colorado, Oregon

The proactive exit will generate additional cash and improve margins in a non-SAFE Banking environment; 2023 free cash flow is expected to exceed $125 million.

January 26, 2023

Cannabis Price Compression

Oregon Shy of $1 Billion in Cannabis Sales for First Time Since 2019

The state’s average wholesale flower price dropped to $550 per pound in December, while the average retail price dipped to $116 per ounce.

January 18, 2023

Oregon

What Cannabis Companies Can Learn From a Craft Merger in Oregon

Oregon’s East Fork Cultivars and Peak Extracts say combining their companies helps preserve locally owned, midsized businesses and craft cannabis in an increasingly competitive and consolidated market.

January 10, 2023

Legislation and Regulation

Whitney Economics Report Finds More Than 48 Million Pounds of Cannabis Produced in US in 2022

Due to supply-demand mismatches in state-legal markets, company owner and Chief Economist Beau Whitney said he is proposing that state regulators annually adjust supply capacities.

December 8, 2022

Compliance

Oregon Detectives Demolish 113 Illicit Cannabis Greenhouses, Issue $1.2M in Fines

The Illegal Marijuana Enforcement Team eradicated nearly 8,700 plants and 7,100 pounds of processed cannabis in the Southern part of the state.

October 13, 2022

Finance

Oregon Cannabis Prices Swing From Pandemic Peaks to Record Lows

Falling market values for wholesale and retail show no signs of rebounding in the wake of a licensing moratorium.

September 14, 2022

Finance

Oregon 2022 Adult-Use Sales Down 14.4% From Last Year

Despite the year-over-year trend, licensed adult-use cannabis retailers recorded $83.7 million in April, their largest grossing month since October.

May 4, 2022

Legislation and Regulation

Oregon Regulators Implement Cannabis Licensing Moratorium

In response to a “crowded marketplace,” the OLCC has ceased issuing cannabis licenses with commissioners saying the decision was required by law.

April 25, 2022

Legislation and Regulation

Oregon Industry Groups Ask Lawmakers to Expand Cannabis Licensing Moratorium

While a bill pending in the Legislature would allow state officials to pause cultivation licensing, industry stakeholders want the legislation to also address wholesalers, processors and retailers.

February 3, 2022

Legislation and Regulation

Oregon Resumes Cannabis Business Application Processing

After a three-year freeze on Oregon cannabis business license applications, the state has resumed the task this month.

November 15, 2021