Oregon marijuana prices plunge – and sales soar

Rampant overproduction in Oregon’s market for legal, recreational marijuana has produced a 50 percent decline in prices, according to state economists. That widely documented collapse has been hard on farmers and retailers – but a boon for consumers. A new state analysis finds the price collapse sparked a big uptick in marijuana purchases – and a corresponding increase in associated tax revenue.
Read more: https://www.oregonlive.com/business/2018/11/oregon-marijuana-prices-plunge-and-sales-soar.html?source=Snapzu