Oregon weed isn't just the cheapest in the country. Its wholesale prices for outdoor-grown cannabis flower are now the lowest the United States has ever seen.
Those wholesale prices hit an all-time low last week at an average of $398 per pound, says Cannabis Benchmarks, which monitors industry prices nationwide.
The group says the Oregon price is "the lowest ever observed for that grow type in any market."
That's a result of a massive oversupply of recreational marijuana since last fall's harvest—a glut that is putting growers out of business because their product has so little value.
Click here to read the complete article
Katie Shepherd ~ Willamette Week ~
