Oregon Cannabis Businesses Struggle to Stay Afloat Amid Surplus

This year's 420 celebration was overshadowed by plunging prices.

Oregon

PORTLAND, Ore. -- Friday was April 20, a day celebrated by many recreational marijuana users.

But this year, the celebration was overshadowed by a challenge facing a growing number of recreational marijuana dispensaries—a surplus of Oregon-grown cannabis, and a reduction of its retail value.

For customers like Daniel Pollard, the surplus is a win.

RELATED: Oregon Grew More Cannabis Than Customers Can Smoke, Leaving Shops and Farmers with Mountains of Unwanted Bud

“There’s a lot to choose from here,” said Pollard, looking through the window case of La Cannaisseur in Northwest Portland. “Sometimes I'm like, I can't buy it, it's too expensive, but now-a-days it's really affordable.”

From behind the counter, a budtender points out one example.

“That one was as high as $12.00 a gram and now it's down to about $5.00 at the moment,” he said.

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Top image: jkraft5 | Adobe Stock

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