Current:Home > ContactHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -PrimeWealth Guides
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-26 11:02:42
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! (479)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Making Sense of the Year So Far in EV Sales
- Jackass Star Steve-O Shares He's Getting D-Cup Breast Implants
- Texas deputy fatally shot during search for suspect in assault on pizzeria clerk
- What do we know about the mysterious drones reported flying over New Jersey?
- Peter Welch becomes first Senate Democrat to call on Biden to withdraw from presidential race
- 14-foot crocodile that killed girl swimming in Australian creek is shot dead by rangers, police say
- Here’s what seems to work in Miami to keep deaths down as temperatures soar
- Federal hiring is about to get the Trump treatment
- House rejects GOP effort to fine Attorney General Garland for refusal to turn over Biden audio
Ranking
- The Daily Money: Spending more on holiday travel?
- Europe launches maiden flight of Ariane 6 rocket
- Gregg Berhalter fired as US men's national soccer team coach
- Horoscopes Today, July 10, 2024
- What do we know about the mysterious drones reported flying over New Jersey?
- Is this overlanding camper van the next step for the legendary Mitsubishi Delica?
- Chrysler recalls 332,000 vehicles because airbag may not deploy during crash
- Taylor Swift consistently pauses her European concerts for this reason
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Travis Kelce Reveals Eye-Popping Price of Taylor Swift Super Bowl Suite
Pat Sajak to return for 'Celebrity Wheel of Fortune' post-retirement
'After Baywatch' docuseries will feature never-aired footage of famed '90s lifeguard stars
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Save Up to 75% on Early Amazon Prime Day Deals: Tempur-Pedic Mattress Toppers, Amazon Fire Sticks & More
U.S. men's soccer coach Gregg Berhalter fired after poor showing in Copa America
U.S. appeals court ruling leaves open possibility of college athletes being considered employees