Selling Cannabis Licenses for Pennies on the Dollar – Oregon’s Outdoor Harvest Was So Massive It Crushed Prices

The surplus of cannabis in Oregon’s regulated market has wreaked havoc on the industry over the years. The oversupply has led to a sharp decline in wholesale cannabis and retail product prices. While consumers welcome the lower prices, cannabis companies are grappling with shrinking profit margins and, in some cases, no profits at all. Consequently, producers, wholesalers, and retailers across the state are struggling to stay financially afloat.