Current:Home > MyHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -Visionary Growth Labs
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-13 19:23:45
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! (881)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- EA Sports College Football 25 offense rankings: Check out ratings for top 25 teams
- Arizona wound care company charged for billing older patients about $1 million each in skin graft scheme
- Randall Cobb, family 'lucky to be alive' after Nashville home catches on fire
- Arkansas State Police probe death of woman found after officer
- Bay Area will decide California’s biggest housing bond ever
- 2 killed, 5 injured in gang-related shooting in Southern California’s high desert, authorities say
- A 102-year-old Holocaust survivor graces the cover of Vogue Germany
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Caitlin Clark's next game: Indiana Fever vs. Seattle Storm on Thursday
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Baltimore police officers face discipline over lackluster response to mass shooting
- Toyota recalls 11,000 Lexus SUVs for head restraint issue: See affected models
- 2024 NBA draft live: Bronny James expected to go in second round. Which team will get him?
- South Korean president's party divided over defiant martial law speech
- Iran votes in snap poll for new president after hard-liner’s death amid rising tensions in Mideast
- Landon Donovan has advice for Alex Morgan after Olympic roster heartbreak: 'It will pass'
- Lakers GM Rob Pelinka after drafting Bronny James: 'He's worked for everything'
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Lawmakers advance proposal to greatly expand Sunday hunting in Pennsylvania
Delaware lawmakers approve a $1.1 billion capital budget for the fiscal year starting Monday
Princess Anne, King Charles III's sister, recovering slowly after concussion
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Ever feel exhausted by swiping through dating apps? You might be experiencing burnout
No end in sight for historic Midwest flooding
Shop Old Navy’s Red, White and Whoa! 4th of July Sale With Deals Starting at $2 & More Great Finds