Home 25/02/2017 Oregon has big cannabis overproduction problem

Oregon has big cannabis overproduction problem

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Oregon has big cannabis overproduction problem

On Friday, Portland Oregon’s top government prosecutor said he wanted to work with the state and local leaders and the marijuana industry to do something about the overproduction of weed that ends up on the black market. An extraordinary summit of compelling federal law enforcement officials, state authorities and actors in the cannabis industry was convened by U.S. Attorney Billy Williams, this is due to Attorney General Jeff Sessions action against the Obama organization notice that had guided states with legal weed on the most proficient method to evade federal examination.

 

Agents from 13 different U.S. lawyer’s offices including, the FBI, U.S. Customs and Border Protection. U.S. lawyers from California, Washington, Colorado, Idaho, Alaska and Montana were present for the meeting. Gov. Kate Brown who is a Democrat, said that, “Lawful Oregon businesses remain stakeholders in this conversation and not targets of law enforcement.”

 

Since Sessions revoked the well acclaimed Cole memo, Federal prosecutors have been carefully watched by the marijuana industry in states where weed is legal like Oregon. U.S. lawyers in states where marijuana is lawful under state law now confront the sensitive inquiry of how to carry out their jobs and hack down the federal ban.

 

Williams said the marijuana market has an issue that must be tended to, but his mission is to remove fears from the minds of pot producers. Williams said an answer is needed on how much surplus cannabis is being grown and how much of this cannabis ends up on the black market. A month ago, Williams composed a guest section in a daily paper in which he said the excess marijuana production has pulled in criminal activities which has led to money laundering, drug violence and pulls the supply of water in rural areas. On Friday Williams said, “This is what I know regarding the scene here in Oregon, and that is, we have an identifiable and considerable cannabis overproduction and redirection issue.”

He then concluded, “And don’t imagine it any other way, we will make a move.”

 

There is a common agreement entailing that cannabis from Oregon ends up in different states where it isn’t lawful. As of yet, it’s difficult to predict if the smuggling of pot has become rampant in Oregon.

Previously, Williams said law enforcement in 16 different states announced that they seized cannabis from Oregon, yet on the other hand postal agents blocked an excess of 2,600 pounds of pot in outbound bundles and over $1.2 million in related money.Cannabis lovers don’t want to believe the possibility that legalizing marijuana has caused a rise in black markets deals. Advocates are saying that it’s much easier to track marijuana record now because it’s legal.

 

Leland Berger, who is a lawyer who has practical experience in marijuana related cases, said thatwhen he moved to Oregon in 1979, cannabis was a billion-dollar plant at that point. He then said that the idea of the rise of black market being caused by legalization is not true.

 

Seth Crawford, who is a former Oregon State University professor who’s an expert on marijuana economics and cannabis policy, stated that the fact that Oregon did not choose the quantity of recreational pot makers has led to an overproduction issue. He evaluated that Oregon cultivators deliver up to three times the measure of marijuana that the state can assimilate legitimately every year. Crawford then added, “You created this huge industry that has nowhere to put its product.” He said, “If you were an investor and you had just dropped $4 million into a (marijuana) grow and you had thousands of pounds of flower that was ready to go but you had nowhere to sell it … if you want any of your money back, the only thing you can do is sell it on the black market. It was a system designed for failure.”

 

Voters in Oregon endorsed recreational pot deals in 2014, in which it later ended up legal the next year. Medicinal cannabis has been permitted by the state since 1998. Presently Oregon has around 900 authorized recreational producers, with an excess of 1,100 licenses anticipating endorsement. On the other hand, medical marijuana patients receive cannabis from about 25,600 cultivators in the state. An excess of 500 retailers are authorized to offer recreational weed; on the other hand, there are about 250 pending applications.

 

Source

http://money1055.com/news/politics/oregons-top-prosecutor-convenes-marijuana-summit

http://www.mailtribune.com/news/20180202/us-prosecutor-oregon-has-big-pot-overproduction-problem

 

 

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