The cannabis gold rush may be over in Oregon, but the industry still sees a bright future
When Oregon legalized recreational cannabis use eight years ago, people flocked from all over the country to either use it for themselves or get in on the ground floor of the burgeoning business. Today cannabis is a billion-dollar industry, producing hundreds of millions of tax dollars each year for state coffers. Oversaturation remains a big problem for Oregon's cannabis industry, and product prices have dropped significantly. Regardless, things are looking up on the national level, with huge breakthroughs on the horizon.
KGW’s Straight Talk · Laural Porter/KGW
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Show Notes
When Oregon legalized recreational cannabis use eight years ago, people flocked from all over the country to either use it for themselves or get in on the ground floor of the burgeoning business. Today cannabis is a billion-dollar industry, producing hundreds of millions of tax dollars each year for state coffers.
Oversaturation remains a big problem for Oregon's cannabis industry, and product prices have dropped significantly. Regardless, things are looking up on the national level, with huge breakthroughs on the horizon.