In this Oct. 1, 2015 file photo, employees of Amazon Organics, a pot dispensary in Eugene, Ore., help customers purchase recreational marijuana. Three years after Oregon lawmakers created the state's new legal marijuana program, marijuana prices in the state are in free fall and the craft cannabis farmers who put Oregon on the map decades before legalization are losing their businesses to emerging chains and out-of-state investors.

Glut of marijuana in Oregon is cautionary tale, experts say

Published: • Updated:

By The Associated Press

GILLIAN FLACCUS

PORTLAND, Ore. — When Oregon lawmakers created the state’s legal marijuana program, they had one goal in mind above all else: to convince illicit pot growers to leave the black market.

That meant low barriers for entering the industry that also targeted long-standing medical marijuana growers, whose product is not taxed. As a result, weed production boomed — with a bitter consequence.

Read the rest of this story on DenverPost.com.