Search Results: prices (142)

After over a year of free-falling, marijuana prices are on the rise in Colorado, according to the state Department of Revenue. But several marijuana producers say those prices could be even higher than the state estimates.

According to the latest DOR estimates, wholesale marijuana flower is currently about $1,000 per pound, increasing by 17.5 percent from July to September, with trim, flower and whole plant matter allocated for extraction all rising in cost, as well. However, wholesale marijuana growers and dispensary general managers are telling us that wholesale flower prices are actually closer or above $1,300, and have been steadily rising all year.

Colorado’s fluctuating marijuana prices may have found some stability, according to the latest data from the state Department of Revenue. The DOR’s official estimate for the average price per pound of marijuana flower in Colorado has risen slightly for the fourth straight time, up to $850 as of July 1.

Brendan McCormick, sales director for wholesale marijuana provider Bonsai Cultivation, believes wholesale marijuana prices are actually higher than the DOR’s estimates now that outdoor grows are done harvesting, reaching anywhere from $1,000 to $1,300 per pound.

We don’t blame you for complaining about inconsistent prices or expensive herb in certain parts of town, but one study shows that we don’t have it too bad in Denver compared to other cities with legal marijuana.

Wikileaf, a website that lists dispensary menus, deals and strain information, recently released data comparing the average price of legal dispensary buds (whether medical or recreational) around the country. While most of Wikileaf’s data compared the East and West coasts, it also ranked eight major cities according to how much an eighth of an ounce of weed costs.

Colorado’s decision to legalize recreational cannabis has taken the blame for several changes to the state’s rapidly changing landscape, specifically in Denver. Pot has been accused for the rise in population, the rise in homelessness and the rise in housing costs…and now one study believes it has found a solid connection to the increased cost of homes.


In scenes remniscent of Colorado’s recretaionl sales in January, recreational pot stores are opening with long lines and, despite high prices, they are selling out of their inventory.
Brian Budz tells Oregon Live that he thought he had enough product to last ten days at his Vancouver-based New Vansterdam shop and instead it lasted three days. Shops like his are having to close down and open erratically as more herb comes in. Prices – ranging from $15 to $30 a gram – reflect that.

Since the 2009 “green rush” boom of medical dispensaries, Denver pot smokers have enjoyed a steady decline in the price of their cannabis in both the medical and black-market economies, dropping from $50 or $60 an eighth to as low as $25. With the heavily regulated industry of legal recreational marijuana, though, it’s looking like prices are climbing back up. This may be temporary, or it may be the new standard. We caught up with a few soon-to-be-open recreational shops to get the details on what shoppers can expect after the first of the year.
Denver Westword has the full story.

Curt Merlo/The Village Voice

​Violent crime has declined dramatically in New York City since 1990, the year when the Big Apple set a record for the most homicides in its history. A new study shows that the price of hard drugs has also plummeted in the past 20 years, and suggests the two phenomena may be linked.

The price of cocaine fell from $400-$460 per pure gram in the early 1980s to less then $200 by the early 2000s, reports Alexander Hotz at The New York World. Similarly, heroin prices dropped from $3,000 to $3,600 per pure gram in the 1980s to about $2,000 by the 2000s.
A team of anthropologists and economists at Manhattan’s John Jay College of Criminal Justice at the City University of New York (CUNY) has suggested that the collapse of heroin and cocaine prices might be at least partially responsible for the reversal of crime rates.

Photo: Seedscanner

​Selling cannabis seeds has long been legal in the United Kingdom, unlike the United States, and as a result the U.K. market for marijuana seeds has reached such maturity now that it merits its own price comparison website, according to the creators of a new site that, you guessed it, does exactly that.
Launched in August, Seedscanner offers an overview of the cannabis seed trade for a growing and increasingly discerning international market, according to marketing director Sophie Banks.

Photo: Guanabee

​The price of marijuana could plummet as much as 80 percent, and consumption would rise, if Californians approve Proposition 19, the cannabis legalization measure on November’s ballot, according to a detailed analysis by researchers at Rand’s Drug Policy Research Center.

Currently between $300 and $450 an ounce in California, the cost of pot could drop as low as $38 by eliminating the expenses and challenges of operating in the black market, according to the study, reports John Hoeffel at the Los Angeles Times.
The researchers admitted they weren’t certain how much pot use might be spurred by cheaper prices, but they noted one typical estimate is that a 10 percent drop in price typically increases use by about three percent. Other factors, such as getting rid of the legal risks associated with marijuana use, could also increase usage between five percent and 50 percent.
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