Posted on 04/20/2018 1:27:43 PM PDT by Responsibility2nd
Trey Willison, a cannabis farmer in Eugene, first started worrying last May about there being too much marijuana in Oregon. He had sold all his “clone” plants to other growers, who were using them to cultivate yet more marijuana.
“You start doing the math on that and it just didn’t make sense how people could be growing that many plants,” Willison said.
Fast-forward nearly a year and Oregon does indeed have a glut of marijuana; there are over 1m lb of usable but unsold marijuana, according to the state tracking system.
That’s more than 128m “eighths” of weed, and almost three times the amount of cannabis sold in Oregon in all of last year.
Flooded with supply, prices are dropping so much that some dispensaries in the Portland area are selling the drug for $4 a gram. That’s less than half the cost of a bargain-basement batch in other US cities where marijuana is legal, like Denver and Seattle.
When the Oregon Liquor Control Commission (OLCC), the agency in charge of cannabis regulation, issued the first licenses to businesses in 2016, projections were for 800 to 1,200 businesses to obtain cannabis licenses in the first couple of years, according to Mark Pettinger, a spokesman for the OLCC.
But 1,824 marijuana-related business licenses have already been issued, including 981 production operations. Another 967 production licenses are in various stages of approval by the state and could come online later this year.
Molly Conroy, the program director for the Oregon Cannabis Association, cautioned that this is a brand new market that needs time to adjust.
“Every agricultural crop has its highs and its lows,” she said. “No pun intended.”
(Excerpt) Read more at theguardian.com ...
Send Tommy Chong over there, problem solved.
As an Oregonian, I’m not consuming my part.
The surplus has attracted out-of-state interest. They buy a bunch and try to take it home. Many get caught.
If you have out-of-state plates and are headed toward the state line, you’re likely to get stopped for some bogus reason. The real reason is to see if you’re smuggling marijuana.
Growers in southern Oregon are finding that they can’t recover their production costs. Lots of dispensaries are closing. hehehehe
If they have more than they can smoke in-state, will they export by “dumping” it on the interstate market?
Good thing it doesn’t cost much to grow it.
“420” is the police call numbers for a pot arrest.
I hate what pot has done to Grants Pass.
Five acre plots in rural areas are being bulldozed and ugly fences with blazing floodlights are changing the landscape.
We’ve got six pot stores in town, who’d’ve thought ten years ago that little Grants Pass would become a haven fro drug dealers.
Ed
I wonder if Oregon’s pot heads will demand a price support program(welfare) for pot farmers?
Like the ones the Feds used to have for Tobacco and still have for sugar, corn, est, est.
The Feds are out of the question as it is still illegal under Federal law.
“The day Colorado made recreational use legal. Half the high school senior class here skipped school today.”
The day they repealed alcohol prohibition, people drank like fish too.
It was obvious to anyone on the ground that the ban did more harm than good. Things soon calmed down and returned to normal. People drank like they always did except without adulterated alcohol and criminal gangs fighting over profits.
You can’t effectively ban something that comes out of the very ground we stand on. It only creates more criminals, a police state and poisoned people
Just wait until the wax ring melts. That will certainly add to the experience!!!
Just like anything in capitalism, there is a wide range in the quality of the product, hence a wide range in the ways(costs) of growing it..
If you want "Indiana ditch weed", then it is cheap, you want "Panama Red" or "Maui Wowie"(Did I just date myself?) then expect to pay a bit more.
Not that I know anything about growing, selling or smoking pot, mind you...
And you would know this how?
Hard times for the gangland Dealers.
I was in San Francisco in 1967 when it was announced that all the locally confiscated pot would be burned at the incinerator and date and time given. Most of the hippies for a hundred miles around congregated on the leeward side of the incinerator. Police tried to make them “move along” but just got them milling in circles. I think they arrested a couple but it didn’t have any effect at all.
I have always believed that drugs should not have been criminalized in the first place. It got us the DEA and SWAT who seem to raid people at random when their business is down.
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