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Tag: 1 million pound oversupply

This State Has So Much Legal Pot Prices Are Crashing. Growers Wonder, Who Will Survive?

Stocks June 7, 2018July 9, 2020 A. A. Francis

Demand, meet supply. And prices fall. Oregon authorities say that the state has a glut of more than 1 million pounds of legal marijuana. The state has a population of about 4.1 million people. That’s about a quarter-pound of pot for every resident for a drug that normally is sold in fractions of an ounce. […]

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