Current:Home > NewsHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -Edge Finance Strategies
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
Algosensey View
Date:2025-04-08 00:25:04
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! (4734)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Christina Applegate Details the Only Plastic Surgery She Had Done After Facing Criticism
- Governor appoints new adjutant general of the Mississippi National Guard
- Judge throws out remaining claims in oil pipeline protester’s excessive-force lawsuit
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Scholarships help Lahaina graduates afford to attend college outside Hawaii a year after wildfire
- IHOP is bringing back its all-you-can-eat pancake deal for a limited time: Here's when
- Sonya Massey made multiple 911 calls for mental health crises in days before police shot her at home
- 2025 'Doomsday Clock': This is how close we are to self
- GOP Ohio Gov. Mike DeWine opposes fall ballot effort to replace troubled political mapmaking system
Ranking
- Sam Taylor
- Nicola Peltz Beckham Sues Groomer Over Dog's Death
- Nicola Peltz Beckham accuses grooming company of 'reckless and malicious conduct' after dog's death
- The Daily Money: Deal time at McDonald's
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Donald Trump’s EPA Chief of Staff Says the Trump Administration Focused on Clean Air and Clean Water
- Rescuers search through mud and debris as deaths rise to 166 in landslides in southern India
- One Extraordinary (Olympic) Photo: David Goldman captures rare look at triathlon swimming
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
'We have to get this photo!': Nebraska funnel cloud creates epic wedding picture backdrop
I love being a mom. But JD Vance is horribly wrong about 'childless cat ladies.'
West Virginia school ordered to remain open after effort to close it due to toxic groundwater fears
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Deion Sanders' son Shilo accused of trying to 'avoid responsibility' in bankruptcy case
Massachusetts lawmakers push for drug injection sites as session wraps up
Pennsylvania Sen. John Fetterman recovering from COVID-19 at home