Current:Home > NewsHow one Oregon entrepreneur is trying to sell marijuana out of state, legally -Streamline Finance
How one Oregon entrepreneur is trying to sell marijuana out of state, legally
View
Date:2025-04-18 16:14:12
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! (79)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Small businesses apply for federal loans after Baltimore bridge collapse
- Paul McCartney gushes about Beyoncé’s version of 'Blackbird' on her new 'Cowboy Carter' album
- Use these tips to help get a great photo of the solar eclipse with just your phone
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- NBA's three women DJs are leaving an impact that is felt far beyond game days
- How Amanda Bynes Spent Her 38th Birthday—And What's Next
- Kristin Cavallari Claps Back on Claim She’s Paying Mark Estes to Date Her
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Tennessee lawmakers pass bill to require anti-abortion group video, or comparable, in public schools
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- A Pennsylvania County Is Suing the Fossil Fuel Industry for Damages Linked to Climate Change
- More than 1 in 8 people feel mistreated during childbirth, new study finds
- Tuition increase approved for University of Wisconsin-Madison, other campuses
- Current, future North Carolina governor’s challenge of power
- Brother of Vontae Davis says cause of death unknown: 'Never showed a history of drugs'
- Powerball jackpot reaches $1.23B as long odds mean lots of losing, just as designed
- Caitlin Clark and Paige Bueckers have been in each other’s orbit for years. The Final Four beckons
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
NFL power rankings: Bills, Cowboys among teams taking big hits this offseason
Judge orders Border Patrol to quickly relocate migrant children from open-air sites in California
How the Total Solar Eclipse Will Impact Each Zodiac Sign
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Small underwater drone discovers century-old vessel in ship graveyard off Australia coast
Kentucky governor vetoes nuclear energy legislation due to the method of selecting board members
Tennessee lawmakers pass bill to require anti-abortion group video, or comparable, in public schools