October marijuana harvest fuels Oregon’s oversupply problem
Oregon marijuana prices are facing oversupply pressure after an October harvest that was 15% higher than the October 2022 yield.
Oregon Medical Marijuana News
Oregon marijuana prices are facing oversupply pressure after an October harvest that was 15% higher than the October 2022 yield.
Biotech company 22nd Century Group is selling off its hemp operations in a deal worth $2.25 million as part of an attempt to cut costs.
The THC potency of marijuana flower sold in legal stores in four states is routinely and systematically inflated, sometimes by as much as 25% or more, according to an independent analysis of licensed cannabis testing-laboratory data obtained by MJBizDaily.
Some cannabis executives are hopeful that if the federal government moves marijuana from Schedule 1 to 3 of the Controlled Substances Act, then transporting MJ products across state lines will be allowed.
Democratic U.S. Rep. Earl Blumenauer, who has represented Portland, Oregon, and local environs in the House of Representatives since 1996, said this week he will not seek reelection next year.
There were fewer water violations by cannabis operators this year compared to previous year in Jackson County, Oregon, according to the state’s Water Resources Department.
The boards of the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon have voted unanimously to merge the two organizations.