‘Decimated’ by oversupply, Oregon wholesale prices for outdoor-grown trim, flower for oil drop to $50 a pound
Oregon’s marijuana cultivators are facing a challenging environment that favors vertically integrated companies and craft cannabis.
Wholesale prices for outdoor-grown marijuana have dropped to as low as $50 a pound.
These low wholesale prices refer to trim and to outdoor-grown flower sold to processors who make cannabis oil.
Oregon credit union, tech firm to offer marijuana banking services
Oregon-based Wauna Credit Union has forged a partnership with Arizona tech firm Hypur that will allow the financial institution to service marijuana-related companies.
Oregon marijuana retailers busted in underage-sales sting
Nearly 20% of state-licensed marijuana retailers in a recent undercover operation sold cannabis to underage buyers, according to Oregon authorities.
Colorado marijuana edibles maker Wana Brands expands into Arizona
As the first step of a plan to expand into six marijuana states in 2018, edibles maker Wana Brands has established a presence in Arizona.
According to a news release, the Colorado company’s gummies are now available in medical cannabis dispensaries throughout the state.
Wana Brands’ products will be manufactured and distributed through an agreement with AltMed Arizona.