Business

Oregon experiences sales soar with decreased marijuana prices

Published

4 years ago

November 20, 2018

Oregon experiences sales soar with decreased marijuana prices

A rampant overproduction of the recreational marijuana in the Oregon market has led to a whopping 50 percent reduction in the prices. This exclusively documented collapse of the marijuana prices have served as a tough state for the retailers and farmers. However, the price drop served its customers well.

As per the latest state analysis, the dimmed down prices for marijuana sparked a major uptick for marijuana purchases. Eventually this introduced a massive increase in the associated revenue from marijuana tax at Orgeon. Josh Lehner from Oregon Office of Economist Analysis stated that these lower prices helped drive volumes in terms of better sales while inducing medical as well as medical market based conversions going all the way to the recreational, legal market.

The sales for recreational marijuana in Oregon shall reach the mark of $543 million by the end of the year revealing an upscale rise of 29 percent as compared to the previous year. When marijuana was legalized at Oregon about 4 years ago, the expectations were massive for this freshly legal market. The state also created incentives designed for the producers in order to help them leave the holds of black market. The evident result was a massive overproduction along with price decrease.

Business

Metgain’s First Year Success Celebrated with Largest Crypto Event in Thailand

Published

2 days ago

March 18, 2023

Rosario Farell

After gaining immense success since its launch a year back, MetGain is gearing up for the biggest celebration of the year.

MetGain is a platform that has gained a lot of prominence in the world of decentralized finance (DeFi) due to its unique and powerful features. It offers a variety of services, such as an NFT marketplace, launchpad, staking, and swapping facilities, all in one place. This has attracted a lot of attention from people interested in Web 3. The team behind MetGain has done an excellent job creating this platform, led by Chief Technical Officer Greg Thomas and Blockchain Specialist Naruto James, along with a team of Security Strategists from the Netherlands.

What makes MetGain stand out from the rest is its NFT marketplace, which allows users to access exclusive rights to characters, music, videos, and unique themes. The platform also offers a digital wallet and is backed by Tron crypto swapping, making it secure and fast for financial transactions. Additionally, its launchpad helps users set up their coins for investment, connecting fundraisers with potential investors. The platform is designed in a user-friendly way that makes it easy for users to find recently launched digital assets that can yield maximum returns.

The reason MetGain has managed to outdo other crypto exchange platforms is because it provides investment opportunities across diversified digital assets, making it a favorite among investors. Its highly secure system and quick order executions have made it an attractive option for many users. It has been a year since the platform stepped into the blockchain space and since it’s launch it has managed to successfully create a mark by offering exceptional services and products which are at par with the industry. Now, MetGain is organising its first anniversary celebrations in Thailand which will be one of the biggest events the crypto industry has ever seen.

Many industry experts are scheduled to visit the celebratory event including Dato Zahir fadil and Mohamad Aizit from Malaysia, Ziniya Sechin and Kevin O’Leary from Thailand, R.K. Reddy and Santosh P Nayak from India, Rini Putri, Yasim Rehayu and Koneya Binti from Indonesia, Rosiny Russal from Phillipines, Mizghao Lee and Pin Zoo Shew from China and Ramaarjuna Ratne from Srilanka. All eyes are on this event which will perhaps be one of the biggest we have seen in recent times.