The numbers are in! Oregonians bought and consumed $37 million worth of cannabis products in the month of March alone.
This year is proving to be the biggest year for cannabis in Oregon. Data from BDS Analytics‘ GreenEdge Retail Sales Tracking Data shows The Beaver State has already sold 24% more cannabis than this time last year, rounding out at $101 million worth of cannabis sales in the first quarter of 2017. Despite slowing retail sales nationwide, which fell by 0.2% in March according to the US Census Bureau, cannabis sales are growing at an accelerating rate. The sales of cannabis vape pens alone grew 441% in Oregon over the previous year.
Oregon’s medical marijuana market accounted for nearly 22% of the total $37 million sales.
So what were Oregonians spending their dough on?
No surprise here that dried bulk flower leads the way at $19.9 million, while an additional $1.9 million in pre-rolled joints were sold.
Concentrates as a whole brought in $7.7 million of revenue, with vape pens contributing to the majority of those sales at $4.9 million. Breaking it down further, $1.2 million worth of shatter,…