Oregon Grew Over A Million Pounds Of Weed That No One Is Smoking – What Will They Do With It?
Oregon is starting off the new year with quite the stash of cannabis. The Beaver State is chilling on at least 1.3 million pounds of unsold pot — or approximately 1.1 billion joints.
There are plenty of markets that would be thrilled to have world-class cannabis,
said Adam Smith, founder of Oregon’s Craft Cannabis Alliance. And, according to Beau Whitney of cannabis consulting firm New Frontier Data, legalizing exports “would either slow or stop the price declines, because there wouldn’t be any more excess.”
Until the export bill passes, or another solution is proposed, Oregon’s cannabis retail scene will continue to face price drops and the threat of a federal crackdown. In the meantime, we’ll be daydreaming about what 1.3 million pounds looks like in one tall stack.