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Cannabis Price Drops Hurt Dispensaries

Oregon is definitely feeling the pains of overproduction

The state of Oregon’s cannabis industry has seen a consistent decrease in the price of cannabis flower in the last two years. “A pound of indoor [grown cannabis flower] used to cost $2,200 now we are getting pounds for $800,” said Daniel Saunders, Owner and operator of Kush Gardens Cannabis Dispensary.

The significant price decrease is due to an abundance of cannabis growers that have saturated the market. Growers that wish to move cannabis quickly, must drop their price per pound by upwards of 40%. While the price drop may benefit the consumer, it hurts production and retail by laying off growers and reducing profit margins.

 

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