WeedWeek reporter Hilary Corrigan found her home state of Oregon has emerged as a “model” industry.
- In April, the state hit a monthly record of $90M in sales, up about 7% from the previous record, set in March.
- For years after stores opened in 2015, the state was notorious for its product glut.
- “That’s kind of all worked itself out,” BDSA exec Tom Adams said. He called the state market well run, reasonably regulated and reasonably taxed.
- The story also discusses how a group of more than 30 state attorney’s general urged Congress to pass cannabis banking reform. The Orange County Register has more.
Here’s what else Hilary was up to:
- A leading analyst called the industry well-positioned for long-term growth.
- North Dakota’s REC initiative probably won’t make the ballot.
- Activists say MED access for veterans would accelerate legalization.
- Green Entrepreneur surveys the bleak outlook for Nevada’s tourism dependent market.