parsed_string = json.loads(json_string)
cursor.execute("update Table set Status = ? where Name like ? ",(json.dumps(parsed_string), "Blabla"))
cnxn.commit()

cursor.execute("""select Status from Table where Name like ?""", "Blabla")
cursor.fetchall()

"{"orderID": 42, "orderContents": [{"productName": "keyboard", "quantity": 1, "productID": 23}, {"productName": "mouse", "quantity": 1, "productID": 13}],