Oregon Medical Cannabis Business & Marijuana Legal News – Page 2

Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more

Half the states across the country have increased – or will raise – the minimum wage paid to hourly workers this year, but many cannabis businesses, including retailers, are unlikely to feel much of an impact. That’s because most say they a…

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Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers

Oregon recreational marijuana companies are enjoyable favorable economics not seen in years, with demand outpacing supply spurred by the COVID-19 pandemic and more consumers moving away from the illicit market to the legal one.
Oregon marijuana firms e…

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Strong demand drives up Oregon’s wholesale cannabis prices in 2020

Increased consumer demand for cannabis in Oregon helped push wholesale prices in the state out of a three-year slump caused by overproduction. For the first time since 2017, the median price per pound of recreational marijuana sold by cultivators to re…

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Have cannabis residency requirements worn out their welcome?

Montana voters passed a recreational marijuana initiative on Election Day that will require licensed operators to be state residents, as is now the case with its medical marijuana program.
Have cannabis residency requirements worn out their welcome? is…

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Wildfires that damage marijuana crops are focus of new federal group

In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together “to ensure better forest management effectiveness” in the fight against such natural disasters.
Wildfir…

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1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet

Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less often because of the COVID-19 pandemic but made larger purchases when visiting a dispensary. The shift…

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Are recreational marijuana sales in Illinois underperforming given the state’s large population?

While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market there might actually be underperforming when considering the state’s large population. Illinois con…

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Are recreational marijuana sales in Illinois underperforming given the state’s large population?

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Oregon marijuana sales reach record $1 billion-plus in 2020

Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other legal marijuana markets.
Oregon marijuana sales reach record $1 billion-plus in 2020 is a po…

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Some cannabis growers still counting cost of wildfires, but most say industry dodged a bullet

Although the West Coast wildfire season has been over for months, some marijuana companies are still picking up the pieces from a historic wave of blazes that forced thousands to evacuate and endangered countless cannabis businesses across California, …