Current:Home > NewsHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -Visionary Wealth Guides
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-12 01:59:02
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! (24)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Marsha Warfield, bailiff Roz Russell on ‘Night Court,’ returns to the show that has a ‘big heart’
- The Rock returns to WWE on 'Raw,' teases WrestleMania 40 match vs. Roman Reigns
- Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition and collusion charges
- Arkansas State Police probe death of woman found after officer
- Police say Berlin marks New Year’s Eve with less violence than a year ago despite detention of 390
- Wander Franco arrested in Dominican Republic after questioning, report says
- Low-Effort Products To Try if Your 2024 New Year’s Resolution Is to Work Out, but You Hate Exercise
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- South Korean opposition leader is attacked and injured by an unidentified man, officials say
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Taylor Swift 101: From poetry to business, college classes offer insights on 'Swiftology'
- Washington vs. Michigan: Odds and how to watch 2024 CFP National Championship
- Tens of thousands flee central Gaza as Israel's offensive expands
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- How Golden Bachelor's Gerry Turner and Theresa Nist Plan to Honor Late Spouses at Their Wedding
- Rays shortstop Wander Franco arrested amid allegations of relationship with minor, AP source says
- Raise a Glass to Ryan Seacrest's Sweet New Year's Shout-Out From Girlfriend Aubrey Paige
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Niners celebrate clinching NFC's top seed while watching tiny TV in FedExField locker room
Hail and Farewell: A tribute to those we lost in 2023
Green Day changes lyrics to shade Donald Trump during TV performance: Watch
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Biden administration approves emergency weapons sale to Israel, bypassing Congress
Tom Wilkinson, The Full Monty actor, dies at 75
Hack, rizz, slay and other cringe-worthy words to avoid in 2024