Policymakers decided early on that they'd target the state's illegal market by granting an unlimited number of licenses to grow and sell recreational weed. That policy succeeded: a recent report from the Oregon Liquor Control Commission found that there's currently six-and-a-half years worth of consumption in inventory in the recreational system. Prices have dropped more than 50 percent since the fall of 2016, and Beau Whitney, an economist who tracks the industry expects prices to continue a significant decline.