The Oregon cannabis industry is in peril—namely in the small family farms that are the backbone of this industry and our Oregon cannabis culture. These businesses are at risk of losing hundreds of millions of dollars in local revenue because of an artificial oversupply problem. The narrative has been that we have too much cannabis. But that's not the issue: We don't have too much, we just need to open up the market and export cannabis to other legal cannabis states, like producers of other products have always done. Twelve months ago this seemed like a long shot, but we now have the support of many state legislators, the OLCC, and the governor’s office.
We support ONE Fix, which stands for Oregon Needs Export. But it also stands for the idea that this one fix will address a number of issues including bolstering state revenue coffers, reducing crime, securing jobs, and saving countless small family farms. It allows the executive branch to approve licensed, interstate cannabis transfers. Such legislation would not in itself allow exporting of cannabis, but it is a necessary first step toward a sensible and market-based solution to the multiple interlocking crises enveloping the Oregon cannabis industry.
⚫ Interstate export would strongly incentivize licensure and would meaningfully reduce the amount of Oregon cannabis entering the illicit market. Crime and criminal activity related to cannabis would decrease significantly.
⚫ The local portion of the tax revenues from interstate exports, potentially many times larger than in-state sales, can and should support revenue-strapped producer counties.
⚫ Interstate export would immediately end Oregon’s oversupply problem and stabilize prices.
⚫ It would save hundreds of local businesses and family farms that are currently at risk of collapse, preserving hundreds of millions of dollars in local capital, and thousands of jobs.
Oregon is a world class cannabis producer with unmatched terroir, a strong regulatory and testing framework, and a deep knowledge base. We are and have always been an exporting state -- there is great demand for our products across the country. The bounty of our cannabis and the market distortion of prohibition have combined to bring the Oregon industry to crisis on several fronts, and the best way through is out. We must be prepared as soon as the opportunity presents itself to export, and we call on the legislature to clear that path by giving the executive branch the authority to act in its best judgment when the time comes.
Sign the ONE Fix letter of support here: www.onefixcannabis.org