Oregon released new cannabis market data. This happened on January 12, 2026. The data shows a market shift. Sales revenue saw a slight drop in 2025. This marks a continuation of a trend. Sales were $925.5 million in 2025. They were $960 million in 2024. This is down from a 2021 peak. That peak hit $1.2 billion.
Oregon’s Market Dynamics
Record harvests drove prices lower. The median price per gram fell. It hit an all-time low of $3.33 in December 2025. Prices dropped significantly from previous years. However, consumer demand remained steady. More product moved due to lower costs. Unit sales actually increased. This indicates a competitive retail environment. The state’s market remains a benchmark for others.
Federal Rescheduling Moves Forward
Meanwhile, federal cannabis news is significant. A Republican congressman expressed confidence. Congressman Dave Joyce stated the DOJ will not delay. The delay of cannabis rescheduling is not expected. President Trump ordered this rescheduling. He wants cannabis moved to Schedule III. Joyce believes the administration will act. The DEA confirmed the process is “pending.” However, the agency has the final say.
Background of Rescheduling
Rescheduling is a major policy change. It could ease research restrictions. It might also affect business taxes. Some groups oppose this move. They cite public safety concerns. Others worry about youth exposure. Despite opposition, the process is moving. It stems from a presidential order. This aims to reclassify cannabis. It moves it from Schedule I. This is a key step for the industry.
Broader Cannabis News
Other cannabis news emerged. The Marijuana Moment newsletter reported updates. Enforcement actions targeted unlicensed stores. New York saw such actions. New Jersey’s commission held meetings. Many state and federal cannabis bills are being tracked. Policy changes continue across the nation.
Market Outlook
Oregon’s market faces challenges. Low prices are expected to continue. This is due to ongoing oversupply. The industry is adjusting to market realities. However, the steady demand is positive. Federal actions could also impact state markets. They may encourage further reform efforts. This news cycle highlights ongoing change. It affects both Oregon and the nation. The intersection of state data and federal policy is crucial. It shapes the future of cannabis.
