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Reader: Marijuana prices will be at $100 an ounce before long

William Breathes's post about the Denver City Council's decision to consider a recreational-marijuana-retail-store ban in April inspired speculation about whether officials might defy the will of the city's voters, and what could happen if pot shops are allowed. One reader sees a future in which prices will fall in a dramatic way.

instntkrma writes:

I got news for ya. the price of pot is about to go down again. many will grow their own and have extra, even more shops will open and supply will be higher than demand. The price of pot a year after these shops open will be $100 an ounce for top shelf. Nobody is going to need to steal anything. Basement growers would benefit greatly from no rec sales. It'll also be a BIG penalty for existing Denver MMCs who wanted to convert to the new model.

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44 comments
brownbri1983
brownbri1983

OK. You're saying I am going to sell 134 very strong doses for $100. I still don't see why it would be cheaper than beer.

saul_meshach
saul_meshach

There is a massive price war going on in Washington State as of 4/5/2013 One dispensary in Seattle has 15 strains at 100 a piece. Another dispensary in Seattle dropped all his prices for top shelf to 7 dollars a gram. Another shop has eights at 17.50 cents. This is going to be a blood bath. Seems like outdoor greenhouse growers are combining forces opening up dispensaries and forcing all the indoor growers out of business. There is no way indoor growers can get their cannabis moved if the retail price is $100.

maxbluntz
maxbluntz

I say that we as growers be growers not pharmaceutical companies. At 2500.00 a lbs that's 4.00 a joint wholesale! retail is closer 10.00 REALLY for a joint!! Six pack Coors 6.99 These my friends are prohibition prices! not every day legal prices!!!!!!!!!!!!!!!!!!!!

saul_meshach
saul_meshach

Massive Oregeon and Cali green house grows, Are dropping the prices, however there are still seasonal swings. the summer prices always go up beacase the outdoor crops arent ready yet. But still high quality indoor is still going for 2500 a pound in the pacific NW. Outdoor Greenhosue quality is around 1400 to 1800 a pound. http://dispensaryexchange.com

saul_meshach
saul_meshach

Massive Oregeon and Cali green house grows, Are dropping the prices, however there are still seasonal swings. the summer prices always go up beacase the outdoor crops arent ready yet. But still high quality indoor is still going for 2500 a pound in the pacific NW. Outdoor Greenhosue quality is around 1400 to 1800 a pound. http://dispensaryexchange.com

saul_meshach
saul_meshach

Massive Oregeon and Cali green house grows, Are dropping the prices, however there are still seasonal swings. the summer prices always go up beacase the outdoor crops arent ready yet. But still high quality indoor is still going for 2500 a pound in the pacific NW. Outdoor Greenhosue quality is around 1400 to 1800 a pound. http://dispensaryexchange.com

tony514
tony514

but hey if someone gets rich in the proccess i say good for them as well.+ the economics would come from travlers who cant get med pot or rec pot as soon as the world is ok with weed once again like George Washington was and other founders of the country  it would be worth about as much as a bucket of dirt and few gallons of water.Whats Basil Worth per gram?

tony514
tony514

Hey you can buy a kitchen table at walmart for 75 bucks but you can also buy a much nicer one at american furniture for 10000 bucks .Besides the point is for weed to be legal not to make it a job for a bunch of lazy fucks.if weed was free than great id still enjoy growing my own..i voted for a 64 becuse i didnt want to get aressted for something i enjoy doing time to time not so i could boost the economy .thats what i have a job for i dont smoke pot to get rich i work for it.

laxx1559
laxx1559 topcommenter

This is exactly what pot legalization is supposed to do! The price drops so much, the cartels can't compete

11er
11er

It is about damn time that the world is coming to it's senses. Thanx Colorado for waking up the world. The hell with spending 1000s trying to go overseas somewhere just to smoke a lil MJ in peace with some other heads. Shit, the shit should be free anyway,or just the price of a little BAT SHIT. I lived on Capital Hill for 15 yrs. and sold bud for 10 back in 2002 and paid my way thru school for electronics. It was no big deal. I bragged about Denver when I moved to ILLegal ILLinois where you have to look over your shoulder every time you light up even hidden in own home, many snitches and eager cops just waiting to take you down like the TALIBAN. It's a shame. That's why I become a DENVERITE every 420 to kick it in peace on my old stomping ground. I already have my High Times ticket.

I WAS THE LAST LETTER TO THE EDITOR IN DEC. 2012 ISSUE OF HIGH TIMES.   jack420flash.com 

I have a short DVD i made for you and William Breathes. How can i mail them to you guys?

Juan_Leg
Juan_Leg

That's $100 per,  here in Colorado . My buddy in Houston is paying 'only $500' per zip of the 'Kind', because he 'knows somebody, & can pick up a 1/4 lbs  Mexican for between $80 - $100 . I'm unwilling to take risks w/ my freedom BUT the potential for the BIG $$$ is most defiantly available nation wide . 'Colorado Grown' is 'special' & 'respected' across the country .

DonkeysMom
DonkeysMom

"I got news for ya."  The price of pot is ALREADY $100 per ounce.  Why you might ask?  It's because dispensaries are dumping product on the market.  The current wholesale price in Denver is less than $2000 per pound.  It'll drop at least $500 in the next six months.


Regulation works!

D0NKEYH0TAY
D0NKEYH0TAY

Once again, you mislead with your skewed vision of reality.  There are no shops selling in CA for $100 oz. There are no underground dealers selling for $100 an ounce.  Now if you want to spend $10 grand and buy a few packs, you might get it under $100 for mids.

I can't believe how sick of your incessant spewing of shit the normal folks are...

DonkeyHotay
DonkeyHotay topcommenter

They've been  ~$100 / oz in California for YEARS ... without the unnecessary bullshit of Big Government REGULATION, CONTROL and massive Taxation.

It's not the commercial shops -- with massive $$ overheads, regulation, taxes, fees, and other burdensome government mandated expenses -- that drive the price/market for marijuana. It's the 10's of THOUSANDS of FREE INDIVIDUAL Growers who produce the vast majority of marijuana consumed in the U$A.





DonkeyHotay
DonkeyHotay topcommenter

@saul_meshach ... the massive California DROUGHT has decimated the California OUTDOOR crops, resulting in one of the lowest harvests in recent history, forcing prices higher.


The shortage of Cali outdoor is so bad that some experts are predicting that California will become a net IMPORTER of outdoor / greenhouse grade marijuana this year.

brianbrown1983
brianbrown1983

@laxx1559  

You could pull maybe $10 worth of materials out of an Iphone. Why does it cost $150-300 to make one?


Anyways, cartels will have to sell their pot for less than legal pot. Additionally, the cartel's cannot produce top shelf competitively. The cartel's will open up legal businesses and they will behave the same as any other high wealth business owner. They will simply conduct their violence covertly the same way as all other very wealthy business operations do though it will be much less frequent and only targeted at people who will disrupt hundreds of millions in business transactions.


@twistit


1975 prices is $40/oz in 2014 USD. That pot was shitty. It did not have THC levels pushing 20%. 


I recommend that you get out there and do it rather than expecting others to do it. There is a reason it is not like that. 


Income inequality causes more crime than the price of drugs per se.

twistit
twistit

@laxx1559 exactly, eliminate the cartels, the street thugs and the thieves who steal to get high, its a win win if we can get the prices down to 1975 prices, $10 for an OZ..


if states like Washington propose to compete with the cartells in blowing up the prices with high taxes and so forth look for crime to ESCALATE exponentially, wee need drugs to be free to be free from all the problems illegal drugs have created.. everything doesn't always have to be about money!


BOTTOM LINE

tutonehcc
tutonehcc

@Juan_Leg Word man, nicely said!  Colorado does in fact seem to be providing the lions share of cannabis to the whole country.  Why else would high school grads by the bus load be coming out here and striking it rich?

DonkeyHotay
DonkeyHotay topcommenter

@DonkeysMom = ignorant cunt

What drives the wholesale price of pounds in Colorado is the MASSIVE production of California and Oregon growers who -- unregulated -- produce MILLIONS of pounds of bud per year, far more than California or Oregon consume, at prices ~ $1400 - $1600 per pound.

The overage making its way other states that have higher prices due to legal  regulations, like Colorado, where 1000s of pounds of cheaper out-of-state bud arrive every MONTH, thereby FORCING the Greedy Big $$ Dispensary Cartels in Colorado to lower their prices to compete with the FAR LARGER gray market.

Regulation Works! .... for the Regulators ... and the underground markets that can always profit from avoiding those costly regulations.

Grow a brain you simpering fuckwit.


mywindow
mywindow

@DonkeyHotay  This story is "Regurgitated Garbage"; This BS study shows nothing of the sort. It did say 

"The study included 160 ischemic stroke/TIA patients 18-55 years old who had urine screens upon admission to the hospital. Among the patients, 150 had ischemic stroke and 10 had TIAs. Sixteen percent of patients had positive drug screens, mostly male who also smoked tobacco. Only 8.1 percent of controls tested positive for cannabis in urine samples. Researchers found no differences in age, stroke mechanism or most vascular risk factors between marijuana users and non-users."  and "it MAY lead to stroke" --- Since the study is not posted online.

 http://newsroom.heart.org/news/smoking-marijuana-associated-with-higher-stroke-risk-in-young-adults

150 patients does not make scientific fact. Without a study in hand and details about the funding this is just another "Theory".

instntkrma
instntkrma

@DonkeyHotay study is flawed. see cigarettes - most every patient that tested positive for cannabis, also tested positive for nicotine. 9 out of 10 cannabis smoker I know don't smoke cigarettes.

moe8882
moe8882

You are wrong , I run my own cartel lab and sell one hitter quitter bud for 80 a oz ,

Just because weed is inside a bunch of mason jars doesn't mean it's going to be the best shit.

Most show owners are dumb and get ripped off because I sell them fresh cut buds, it smells better and throws them off big time!!!!

brianbrown1983
brianbrown1983

@D0NKEYH0TAY

Nope. $100/oz is happening. OMMP patients get really good deals since they are the gate keepers of production. They just don't talk about it

Billy303
Billy303

@D0NKEYH0TAY The Westword Online Troll strikes again. 


I would pay good money to live your life for one day, just to see exactly how much BS you spew across westword and the rest of the interwebs on a regular basis. You pretend to be an expert but continually act like a third grader.

Your posts are a fascinating case study in being a troll master and all around dumbass. Good luck with that.

DonkeysMom
DonkeysMom

@DonkeyHotay Aaron, as you well know these 'INDIVIDUAL Growers' who all break the law that you mention have tried to keep the price of one ounce above $500 for the last decade.  The reason the price is dropping is simply due to overproduction by the licensed dispensaries.

twistit
twistit

@DonkeyHotay haha, another clown bitter that the bottom of the weed biz is falling out and his lazy ass cant make it without a job..

sorry bud its the way of the future, people are sick and tired of high priced drugs destroying everything just so a couple knotheads like your self can get paid and make a quick buck, I grow so don't whine at me, I know what it costs to grow and what its worth and growing for myself like everyone should do its not worth much, its a hobby just like any other, fuckwads like you trying to justify the ridiculous prices of a freekin plant are the ones we need to eliminate from society..

if common sense prevails all drugs will be basically free for the asking, as they should be, illegal they cause way too much crime and corruption at all level, WAY too many drive bye shootings and overdoses from BAD drugs..

use your head and get a real job or take what you can get at $400- a lb, otherwise society has no use for you lazy greedy tough guy types who want to talk shit to explode the price of your WEED

DonkeysMom
DonkeysMom

@DonkeyHotay Nioce try Aaron, but as has been pointed out many many times the price didn't start to drop until Dispensaries became licensed in 2010.  After that point the price began to drop and has continues, all the while the cartels are losing market share.  It must be hard to be as dumb as you are.

DonkeyHotay
DonkeyHotay topcommenter

@instntkrma ... feel free to PUBLISH your own refutation of this Scientific Study in a Peer Reviewed scientific journal.

[ cue crickets chirping ]


DonkeyHotay
DonkeyHotay topcommenter

@instntkrma @D0NKEYH0TAY 

And the Dispensary (cooperative) display ads in the OC Weekly and LA Weekly have had $100 ounces for YEARS now.


wherethereswater
wherethereswater

@DonkeysMom @DonkeyHotay I think thats to simplistic. The $100 oz is crap, might as well by swag and save $50. I can't even find a decent oz $150. For $225 and up I can get fire at 10 places. The individual grower never tried to keep the price anywhere. It was what it was because of the law. Now everyone grows, tons of pot everywhere and the dispensaries have started a price war with each other. What nobody want to acknowledge is that the price war is being fought in all markets.  But the home grow will always win because the dispensaries have to sacrifice quality to offset overhead. While the unencumbered home grower skirts the regs/taxes and focuses on quality. In the old day the fear of law prevented this but now everyone is protected by safety in numbers. I think this is why the state is trying to crucify caregivers...they make just as much money if the dispensaries sell crap or fire but the CG is in the way.

pyneclones420
pyneclones420

What everyone fails to realize is indoor marijuana will ALWAYS demand a higher price . The price of Milk , eggs, gasoline, and every other commodity in america has gone up..so has the price of electricity, nutrients , filters etc. Yes the price of mediocre outdoor and greenhouse bud will be cheaper .. but for those of us who demand the highest quality you will be paying no less than 200/ oz for true indoor. And dont forget we still have 50% of the country where marijuana is illegal... period. Good luck with your 100 dollar ounce in Atlanta!

barbarian.bob1
barbarian.bob1

@DonkeyHotay @instntkrma if this was true it would be front page news you blouse wearing poodle walker

DonkeysMom
DonkeysMom

@DonkeyHotay @instntkrma I have many.  Let's start with the one from 1998 where THC was demonstrated to KILL cancerous cells in a glioblastoma.

brianbrown1983
brianbrown1983

@wherethereswater @DonkeysMom@DonkeyHotay  

Price wars are temporary price reductions intended to shift market share. These people are capitalists. They will take everything they can get away with. 

I don't know where these hundred dollar oz's are in Cali unless you're talking wholesale. 


http://www.priceofweed.com/


I've never heard of $100/oz for anyone but wholesale and people with a good "in"

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