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The Oregon Liquor Management
Fee (OLCC) not too long ago launched gross sales and manufacturing knowledge for Could. Whole
gross sales income reached a brand new document excessive for the state’s market. Nonetheless, gross sales
quantity declined throughout all classes, indicating greater retail value factors
for Oregon customers and sufferers. Rising retail charges correspond to an increase
in wholesale costs that started in mid-April and continued via Could.  

The latest OLCC knowledge
exhibits that complete retail gross sales reached over $63 million in Could, up by roughly 3%
in comparison with revenues of round $61 million generated in April. Could 2019’s gross sales
are the very best month-to-month complete recorded in Oregon’s market since licensed
adult-use retailers opened their doorways in October 2016. They’re additionally up by
about 19% year-over-year, from roughly $53 million in complete retail revenues
recorded in Could 2018.  

In Could, gross sales income
generated by each basic customers and registered sufferers elevated in contrast
to the month prior. Grownup-use customers spent round $58 million at licensed
retailers in Oregon in Could, up from round $57 million in April. In the meantime,
gross sales to sufferers rose barely from about $5 million in April to settle simply
above about that quantity in Could.

Month-over-month adjustments
in retail gross sales income and quantity for the OLCC’s product classes are as
follows: Income from gross sales of “usable marijuana” (the OLCC’s time period for flower,
trim, and pre-rolls) elevated to about $33 million in Could, up from round $31
million in April. Gross sales quantity declined to a bit beneath 19,000 kilos in Could,
after settling at about that time in April. The notable uptick in retail
revenues generated by gross sales of flower in Could whereas gross sales quantity declined
signifies that storefronts in Oregon charged greater costs for such product in
Could.

Concentrates and extracts
generated slightly below $17.5 million in retail income in Could, down barely from
about that quantity the month prior. As gross sales on this product class largely
held regular, the variety of “items” of concentrates and extracts offered in Could declined
to roughly 865,000, down from about 880,000 the month prior.

Lastly, gross sales of edibles
and tinctures have been additionally comparatively regular and accounted for roughly $6.25
million in Could, down from a bit over that quantity in April. A bit over
500,000 items of edibles and tinctures have been offered to customers and sufferers in
Could, down from roughly 525,000 items in April.

Harvest figures contracted
in Could in comparison with April. Licensed growers introduced in a bit over 125,000
kilos of moist plant materials in Could, down from roughly 165,000 kilos the month
prior. After April 2019 noticed an uptick in comparison with the identical month the yr
earlier than, when about 100,000 kilos of moist plant materials have been lower down, Could
2019’s harvest quantity is corresponding to that documented for a similar month in
2018.

Elevated demand and pretty steady
year-over-year harvest volumes for the primary 5 months of 2019 have resulted
within the state’s collective stock of unsold flower and trim persevering with to
contract because the yr wears on. As of June 2nd, knowledge from Oregon officers exhibits
that lower than 825,000 kilos of dry cannabis plant materials have been logged as
unsold within the state’s Hashish Monitoring System (CTS), down from a bit over
950,000 kilos recorded a month earlier. The quantity of unsold concentrates and
extracts was largely steady at a bit beneath 125,000 kilos as of June 2nd, down
from roughly that quantity as of Could 2nd. Statewide stock of unsold edibles
and tinctures was additionally regular, at round 225,000 kilos of such merchandise logged
in Oregon’s CTS.  

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