Current:Home > MyHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -MarketLink
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-13 23:17:19
In the state of Oregon, there is a glut of grass. A wealth of weed. A crisis of chronic.
And, jokes aside, it's a real problem for people who work in the cannabis industry like Matt Ochoa. Ochoa runs the Jefferson Packing House in Medford, Oregon, which provides marijuana growers with services like drying, trimming and packing their product. He has seen literal tons of usable weed being left in marijuana fields all over the state of Oregon. Because, Ochoa says, there aren't enough buyers.
There are just over four million people in Oregon, and so far this year, farmers have grown 8.8 million pounds of weed. Which means there's nearly a pound of dried, smokable weed for every single person in the state of Oregon. As a result, the sales price for legal marijuana in the last couple of years has plummeted.
Economics has a straightforward solution for Oregon's overabundance problem: trade! But, Oregon's marijuana can only be sold in Oregon. No one in any state can legally sell weed across state lines, because marijuana is still illegal under federal law. On today's episode, how a product that is simultaneously legal and illegal can create some... sticky business problems.
This episode was hosted by Amanda Aronczyk and Sarah Gonzalez. It was produced by Dave Blanchard. It was engineered by Maggie Luthar, fact-checked by Sierra Juarez, and edited by Keith Romer. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, the NPR app or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
veryGood! (5532)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Ex-funeral home owner pleads guilty to assaulting police and journalists during Capitol riot
- Macy's Thanksgiving Day Parade lineup will include Minnie Mouse — finally
- His country trained him to fight. Then he turned against it. More like him are doing the same
- B.A. Parker is learning the banjo
- Former MTV VJ Ananda Lewis shares stage 4 breast cancer diagnosis
- Meryl Streep and Martin Short Fuel Romance Buzz With Dinner Date in Santa Monica
- Disney x Kate Spade’s Snow White Collection Is the Fairest of Them All -- And It's on Sale
- What do we know about the mysterious drones reported flying over New Jersey?
- Colsen recalls nearly 90,000 tabletop fire pits after reports of serious burn injuries
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Disney x Kate Spade’s Snow White Collection Is the Fairest of Them All -- And It's on Sale
- Chiefs owner 'not concerned' with Harrison Butker PAC for 'Christian voters'
- 15-year-old Kansas football player’s death is blamed on heat
- Senate begins final push to expand Social Security benefits for millions of people
- Uphill battles that put abortion rights on ballots are unlikely to end even if the measures pass
- Liam Payne's preliminary cause of death revealed: Officials cite 'polytrauma'
- DeSantis approves changes to election procedures for hurricane affected counties
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Mitzi Gaynor, star of ‘South Pacific,’ dies at 93
Former United Way worker convicted of taking $6.7M from nonprofit through secret company
WNBA Finals, Game 4: How to watch New York Liberty at Minnesota Lynx
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Virginia men’s basketball coach Tony Bennett is retiring effective immediately
Jane Fonda 'deeply honored' to receive Life Achievement Award at 2025 SAG Awards
Appalachian Hydrogen Hub Plan Struggles Amid Economic Worries, Study Says