skip to Main Content
Oregon Marijuana Surplus a Cautionary Tale for Other States

Five years after Oregon legalized recreational marijuana, its lawmakers now are trying to rein in production, fearing the state’s big weed surplus will tempt some licensed businesses to sell their products out of state or on the illegal market.

Such diversions could invite a crackdown from the federal government and cast a pall over the legal pot industry. Last year, the U.S. attorney for the District of Oregon put the state on notice when he announced that curbing interstate trafficking was his top cannabis law enforcement priority.

Licensed growers have spent thousands of dollars on compliance and don’t want to risk their businesses by selling illegally, said Michael Getlin, founder of a 15,000-square-foot cannabis farm in Oregon City. “The flip side of that is, I get cold calls all the time from people out of state looking to go shopping,” he said — often offering two or three times market price in Oregon.

Oregon’s surplus, though legal, is something of a cautionary tale for other states as they try to manage marijuana supply and demand. Enough recreational cannabis sat on dispensary shelves, in warehouses and in processing plants this January to satisfy buyers for more than six years, according to a report from the Oregon Liquor Control Commission, the state agency that regulates recreational marijuana. [Read more @ Maryland Matters]

 

 

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Irish Hemp Industry Pursues Government In High Court As Cultivation Footprint Plummets By 40%

IRISH hemp production has fallen dramatically as a result of changes to Government rules which are now being challenged in the High Court. Ireland’s hemp industry is one of the oldest in the European Union (EU) with a fully operational supply chain since the 1990’s, reaching a footprint of 574 hectares in 2019. However, whilst…

Marijuana vaping among teens has more than doubled since 2013

Teen vaping of marijuana doubled between 2013 and 2020, indicating that young people may be swapping out joints, pipes or bongs for vape pens, according to a new study. Researchers also found that adolescents who say they vaped cannabis within the last 30 days increased 7-fold — from 1.6% to 8.4% — during the same…

New Hampshire House Committee rejects bills to legalize marijuana

The New Hampshire House Criminal Justice Committee rejected proposals Wednesday that would legalize and tax marijuana, and allow people to cultivate up to six plants per household. The votes mostly fell along party lines, with Republicans opposed and Democrats in favor. “There is a version of recreational cannabis I will support,” Committee Chairman Darryl Abbas,…

Who will control legal marijuana sales in N.J.? Local players or big companies?

Manuel Caban is a lifelong Camden, New Jersey, resident who was arrested twice for marijuana offenses and a decade ago spent 30 days and then a year in prison for dealing. That, he figures, makes him an ideal candidate for a license to sell cannabis now that New Jersey has legalized it with a focus…

More Categories

Back To Top
×Close search
Search