Oregon has too much pot.
To be specific: According to a recent report from the Oregon Liquor Control Commission (OLCC), the state’s legal cannabis inventory system currently has enough cannabis to last us six and a half years. There’s some debate among those in the industry as to whether that estimate is accurate, but there’s little question that the legal market is experiencing an oversupply problem.
A new bill in the Oregon State Legislature aims to alleviate that problem—and cement Oregon’s status as a pot industry leader—by changing state law to make exportation to other states legal.
“We have quite a supply of cannabis in the state right now,” said State Rep. Ken Helm (D), one of the bill’s chief sponsors, at a recent Senate Judiciary Committee hearing. “It’s in our state’s interest to prevent the diversion of our product into the illegal market that is traded nationally and internationally.”
