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OREGON: FROM BASKET CASE TO “MODEL” MARKET

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:

Quick Hit

  1. Green Entrepreneur surveys the bleak outlook for Nevada’s tourism dependent market.