Current:Home > reviewsHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -ProfitLogic
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-20 04:14:41
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! (8)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Tap to pay, Zelle and Venmo may not be as secure as you think, Consumer Reports warns
- Influencer Averii Shares Bizarre Part of Being Transgender and Working at Hooters
- Alabama corrections officer charged with smuggling meth into prison
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Determination to rebuild follows Florida’s hurricanes with acceptance that storms will come again
- Jury finds ex-member of rock band Mr. Bungle guilty of killing his girlfriend
- Whoopi Goldberg slams Trump for calling 'View' hosts 'dumb' after Kamala Harris interview
- A White House order claims to end 'censorship.' What does that mean?
- Top Celebrity Halloween Costume of 2024 Revealed
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Don't want to worry about a 2025 Social Security COLA? Here's what to do.
- Oregon’s most populous county adds gas utility to $51B climate suit against fossil fuel companies
- Far from where Hurricane Milton hit, tornadoes wrought unexpected damage
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- A woman fired a gun after crashing her car and was fatally shot by police
- Opinion: Hurricanes like Milton are more deadly for disabled people. Prioritize them.
- Millions still without power after Milton | The Excerpt
Recommendation
Small twin
Dodgers vs. Padres predictions: Picks for winner-take-all NLDS Game 5
NFL MVP rankings: CJ Stroud, Lamar Jackson close gap on Patrick Mahomes
Lawyer for news organizations presses Guantanamo judge to make public a plea deal for 9/11 accused
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
BaubleBar’s Biggest Custom Sale of the Year Has 25% off Rings, Necklaces, Bracelets & More Holiday Gifts
Experts warn ‘crazy busy’ Atlantic hurricane season is far from over
The 2 people killed after a leak at a Texas oil refinery worked for a maintenance subcontractor