Cannabis in Oregon
Over the course of the coming months, Marijuana Venture will explore every legal market in the country with a series focused on each state’s ever-changing rules and regulations, market trends, state demographics, business leaders and more.
Marijuana Venture’s ongoing series on every legal market in the United States explores the ever-changing rules and regulations, market trends, state demographics, business leaders and more. This month looks at Oregon, the third state in the country to legalize recreational cannabis.
Although in 1973 Oregon became the first state to decriminalize cannabis and in 1998 became the first state to establish a medical marijuana patient registry, voters rejected multiple legalization bills before finally ushering in the adult-use era with the passage of Measure 91 in 2014.
Recreational sales began under the state’s early start program in 2015, and demand has been on a steady rise ever since. In May 2020, sales surpassed $100 million in a single month for the first time, putting Oregon on pace to sell more than $1 billion worth of cannabis in 2020. That adds up to more than $232 spent annually on cannabis per capita.
As of October, cannabis retailers in Oregon average $154,980 a month in sales.
Next month, Marijuana Venture will look at Alaska (March), followed by Northern California (April) and Southern California (May) and other states in future months. For information about upcoming issues or to learn about advertising and sponsorship opportunities, email Editor@ MarijuanaVenture.com.
SPECIAL THANKS
A special thanks to all the sponsors who helped make this issue possible: Chalice Farms, Cultiva Law, High Quality, Rooted Coast Cannabis, Sun God Medicinals and Top Crop.
ABOUT MARIJUANA VENTURE
Marijuana Venture is a leading business magazine focused on the legal cannabis industry in North America. Marijuana Venture is published monthly and distributed to subscribers and through bookstores and newsstands in the United States. For more information or to subscribe, visit MarijuanaVenture.com or call 425-656-3621.
Copyright 2021 by Marijuana Venture.