Oregon -- Oregon is experiencing growing pains. After just three years after the recreational cannabis law passed, they have over million pouds of weed they don't know what to do with, really
Oregon is experiencing a growing glut in its marijuana supply, driving down prices and putting many of the industry’s licensed growers and retailers on precariously thin ice. While the state has raked in tens of millions of dollars in tax revenue, supply has far exceeded local demand, and Oregon’s legal industry is currently sitting on approximately 1.3 million pounds of perfectly good pot that state and federal laws prohibit them from selling outside state lines — for now, at least. According to the Statesman Journal, in 2019, Oregon lawmakers are considering proposed legislation that would be the first major step towards legalizing interstate exports of marijuana.
According to the Statesman Journal, in 2019 Oregon lawmakers are considering proposed legislation that would be the first major step towards legalizing interstate exports of marijuana.
The Craft Cannabis Alliance, a business association led by founder and executive director Adam Smith, is working with legislators to let Oregon start exporting pot to other legal-weed states by 2021.
Among them is Sen. Floyd Prozanski, D-Eugene, who said he also plans to reintroduce provisions from Senate Bill 1042, a similar proposal that died in the statehouse in 2017.
This comes as the state's legal weed industry has faced plummeting prices over the past year due to demand not keeping up with supply, experts said.