Current:Home > reviewsHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -Triumph Financial Guides
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-17 15:55:52
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! (6211)
Related
- All That You Wanted to Know About She’s All That
- Federal appellate court dismisses challenge to New Jersey gun law
- Uber, Lyft say they'll leave Minneapolis if rideshare minimum wage ordinance passes. Here's why.
- Los Angeles leaders create task force to address surge in retail flash mob robberies
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Eagles' Tyrie Cleveland, Moro Ojomo carted off field after suffering neck injuries
- David Byrne has regrets about 'ugly' Talking Heads split: 'I was more of a little tyrant'
- Pickleball, the fastest growing sport in the country, is moving indoors
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- 'Abbott Elementary' and 'Succession' take on love and grief
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- The 10 best Will Ferrell movies, ranked (from 'Anchorman' to 'Barbie' and 'Strays')
- 'Divine Rivals' is a BookTok hit: What to read next, including 'Lovely War'
- David Byrne has regrets about 'ugly' Talking Heads split: 'I was more of a little tyrant'
- North Carolina justices rule for restaurants in COVID
- Tornado spotted in Rhode Island as thunderstorms move through New England
- Second quarter Walmart sales were up. Here's why.
- Rachel Morin Murder: Police Release Video of Potential Suspect After Connecting DNA to Different Case
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Angelina Jolie's LBD With Cutouts Is a Sexy Take on the Quiet Luxury Trend
In Hawaii, concerns over ‘climate gentrification’ rise after devastating Maui fires
USWNT general manager Kate Markgraf parts ways with team after early World Cup exit
Buckingham Palace staff under investigation for 'bar brawl'
Evacuation of far northern Canadian city of Yellowknife ordered as wildfires approach
Darius Jackson Speaks Out Amid Keke Palmer Breakup Reports
Mississippi grand jury cites shoddy investigations by police department at center of mistrial