April 2021 data from the Oregon Liquor Control Commission revealed that the state sold over $105 million in cannabis products in May 2021.
Jesce Horton, CEO of Portland-based cultivation brand LOWD, said that much of the news was sensationalized.
“When you think about dry cannabis versus wet cannabis, weight can vary, maybe, 5- to 10%,” he said.
Damon Bates, a senior strategic business advisor for cannabis consulting firm GPS, compared the state’s market to flash paper, saying it burnt hot and was quickly gone.