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Oregon's Cannabis Market Is Trending Upward
Oregon's cannabis market offers examples of industry pain points, as well as the ability to innovate and mature.
Investors and entrepreneurs may want to be wary of the hyper-competitive market. However, if recent trends hold, Oregon may be turning towards prosperous times.
High times
April 2021 data from the Oregon Liquor Control Commission (OLCC) revealed that the state sold over $105 million in cannabis products in May 2021. In March and April, the state sold approximately $109 million and $110 million, respectively.
The figures mark significant gains for Oregon, which saw sales surpass $70 million per month at the start of the pandemic.
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