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Oregon marijuana prices plunge – and sales soar

Oregon marijuana prices plunge – and sales soar

| Mike Rogoway

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.

Oregon marijuana prices plunge – and sales soar






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