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 didnt 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.
Thats 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. Thats 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 ...
Weeds are known for vigorous growth.
During WWII Indiana was growing hemp ( Cannabis sativa) for ropes and other products for the war effort. Indiana 70 years later still has hemp popping up all over the place because, it’s a weed.
How long before the excess inventory makes it into the school lunch program? Count it as a serving of vegetable!
“yep...because all their problems were solved by being drugged...” she groused before slamming back a shot of whiskey.......
There was a school in California where the kids would meet after classes let out, at 4:20 pm to get high. The 4:20 reference spread.
Thanks for the ping & happy 420!!!
IMO, people should be allowed to have, to use & to grow cannabis.
It is easy to argue gov’t intervention created the glut in the market by giving licence to do many.
THX
no ads..no billboards..no friendly radio announcements...
and promise to charge at least $1000 for any incident that happens while you're stoned...
okay?.....
we wonder why the kids are stupid and the younger generations are so shallow and wimpy....
alcohol is something you can immediately taste and smell....its effects are well known and recognizable to anyone.
there's no going into work after drinking hard....
Weed use just makes you look dumb and stupid to most non druggies until we realize you're just dumb and stupid naturally..
Agreed. I dont think addictive substances of any kind should be allowed to be marketed. Yet big pharma and alcohol do it in all 50 states including times when children are watching.
If someone actually harms someone by stupidity, they are liable and usually end up having to pay far more than $1000. I agree with that and even agree with the death penalty in some cases IF someone actually harms someone.
Now, just because someone is in possession of a beer, pill or cannabis does not mean they will harm someone. Just because they are stoned on their substance of choice does not mean they will harm someone. Assuming so opens the door to the notion of “precrime”
Never actually been near pot nor a recent user, have you?
Your hotel hired Three Stooges plumbing services plus they were stoned on the job.
Can't have a weed thread without them!
I think if you freeze it it’s good for a long time.
Ed, most of them are already closing! They’re losing money.
I’m familiar with the process and gardening in general.
My friends in California say they can grow it in their kitchen window. ;)
"gardening in general" is miles away from commercial growing of cannabis. You don't use expensive grow lights and huge amounts of electricity for gardening in general. You don't need to account for every gram from every plant in gardening in general. You don't need 24 hr. security for gardening in general. Plus they need temperature controlled climate because they want the highest quality and yield. So no, it's not cheap.
Don’t go all bi on me Bob.The mark up on pot is high.
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