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Legislators considered a handful of cannabis bills in Salem Thursday. One would allow the state to limit production based on market demand.
A recent study by the Oregon Liquor Control Commission found six-and-a-half years’ worth of marijuana sitting on shelves. It also found twice as much cannabis as needed is being produced each year.
As a result, retail prices have dropped precipitously.
Much of the excess is going into the black market and the state is worried that could prompt the federal government to take action against the legal market.
