Planet Money

So you want to sell marijuana across state lines

14 snips
Nov 29, 2023
In Oregon, marijuana is abundant, leading to mountains of unsold product and plummeting prices. Growers are struggling as they face a supply crisis with over 8.8 million pounds produced for just 4 million residents. A former trafficker turned entrepreneur shares his transformation amidst the shifting legal landscape. Legal experts discuss the possibility of challenging federal restrictions on interstate cannabis sales, navigating the complexities of the Commerce Clause. The future of cannabis trade remains uncertain, igniting discussions on economic implications.
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ANECDOTE

Oregon's Weed Oversupply

  • Matt Ochoa showed the host tons of usable weed left to rot in Oregon fields.
  • This demonstrated the oversupply crisis, where production far exceeds local demand.
INSIGHT

Oversupply and Price Drop

  • Oregon's weed production exceeds its population's capacity to consume it.
  • This oversupply has led to plummeting prices, impacting growers' profits.
ANECDOTE

Matt's Early Exposure to Weed

  • Matt Ochoa, growing up around weed growers, learned about the industry early on.
  • He started selling marijuana in high school.
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