Oregon sets cannabis sales mark with $84.5 million in March

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Adult-use and medical marijuana stores in Oregon sold $84.5 million in products in March, a record for any month, as the market got a boost from coronavirus-driven purchases.

Sales last month were 6.4% higher than the previous record of $79.4 million set in August 2019, Oregon Liquor Control Commission data shows.

Year-over-year, Oregon cannabis sales jumped 30% from March 2019, according to the agency.

That spike was eclipsed by a whopping 65% year-over-year sales increase from March 15 to March 21, before a stay-at-home order went into effect, according to the OLCC.

Democratic Gov. Kate Brown issued the stay-at-home order on March 23.

There is a seasonality to cannabis sales in Oregon.

“March sales are typically the beginning of the seasonal upswing in sales,” the commission noted in a statement. “The year peaks in August, with the end of the summer season.”

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