Bleak new forecast for state’s battered cannabis industry
A new forecast for Oregon’s cannabis industry points to continued challenges related to overproduction and stagnant sales. According to the report, growers are producing more cannabis than the market can absorb, contributing to pressure on prices and businesses throughout the supply chain. The forecast highlights excess supply, limited demand growth, and market conditions that continue to affect operators across the state.
Read Pete Danko’s full article in the Portland Business Journal by clicking here.