Price of Bud if Legal

[ford442]

i have known dealers who would drive to your house.. give you a ride.. be a friend.. i really think we need incentive to use the shops and clubs etc.. weed should end up costing something similar to cigarettes - then people can actually smoke something that wont kill them if they so choose..

 

[FiredUp]

Exactly, people will only choose a dispensary if the cost benefits are worth it. Or if they are new smokers who don't know where else to get it. Again though, in a world where toking is 100% legal, the stigma around it goes away and at that point finding weed would be as easy as finding a bottle of jack.

I also think many people would simply start growing themselves because of how economical it is. Forget the dispensaries, can you imagine going to the local farmers markets and picking up a bag of freshly harvested bud?

 

[poplars]

at the present time if the bill passes.....Legal weed in /calfornia will be $250 a oz then the $50 a oz state impossed tax...... $300 a oz for the Chronic.

Currently I provide the Chronic for $225 a oz from private stock to friends that are MMJ patients

The dispensaries will only charge what people are willing to pay...... I know a few people who will be setting up shop and will be purposely under cutting the outrageous current prices of the Co-Ops/ despensaries.

We need shops that are not in it jsut for the $$$ but for actually helping people..$200-250 for Top Shelf should be the max for MMJ patients... $300 or more for the social user

There will be MMJ patient specials in our store..you show a card you get 25% off.....A $1000 Q.... will cost ya $750

I have all the Cali Co-Op strains and more!!

if that bill passes the prices per oz will actually be CHEAPER than normal. the average oz will probably go for around $150 + $50 tax. which is still dramatically cheaper.

either way I don't think you guys can really predict the prices because none of you are involved in perfect competition so there's no way to tell where the balanced price is at until it is finally legalized.

 

[cowell]

I think when they legalize it, it will become cheap as hell. I think a g will be $1-2 bucks. Think about it, if the govt tries to tax the fuck out of it, they still have to compete with the dealers. People are going to buy from the cheaper guy obviously.

Me, on the other hand, im just gonna grow my own and share with family and friends.

Cigs are legal too, are taxed the hell out of and bootlegging IS ILLEAGAL. So what do you think? The cost is set at what the market will bear, yes, drug dealers are economists too!
The market is already set at what people will pay for it, so why would the people growing it, sell it for less? Then add in taxes. Alcohol is the same, luxury taxes are great ain't they?

So price as we know it may go down for what a grower sells for, but the actual cost to buy it legally in a store would go up if the government is involved, which they would be.. count on it.

Also, you would contend with your same dealer anyway who is likely going to raise his price to come closer to what they are in the store.

It's basic capitalism and economics. The price would increase to buy in stores as the market will bear the price as it's shown in a dry market.

 

[Farooq87]

Has anybody considered that prohibition of marijuana inflates it's price. When/If it becomes legal, I think it would be traded at the same price of other commodities of similar nature (like wheat and barely) which are traded at like $10 000 a Tonne, not $10 000 a Kg.

 

[dopestats]

The marijuana market of today is still natural in the sense that the prices set by cannabis dealers in America are not motivated by competing dealers. Most dealers I believe, simply go with the first price they heard of, or the prices in the local community. This makes it a natural market because the price/weight/quality relationship is not based on capitalism ideas. The dealers are already busy making near 100% profit, if not more..

But if marijuana legalized.....

Expect change.

What kind of change can be expected? Well, lets think.... Alcohol is taxed. Tobacco is taxed. Drugs are taxed when you buy them at CVS, Walgreens, etc. Why shouldn't we expect Marijuana to be taxed?

How to make the situation better:

1. A good picture of the current marijuana market would serve useful for the purpose of knowing the price/weight/quality relationship in most areas

2. Use this data to guide the new, regulated cannabis market.

Why do this? ...B/c mary J is just a plant, people will still prefer to grow their own as they find it to be a very good experience. While legalization may increase supply of weed, it doesn't mean the demand will fall upon the government and legal dealers to provide the marijuana for sale. People have been figuring out how to get it for years. And I'm sure not everyone wants the public to know they smoke weed... A good place to start this picture is DopeStats. It's relatively unknown since I don't have much time/money to talk about this thing, except for places like here. I'd really appreciate any comments you all may have. I'm just a guy in college with ideas..

 

[Some Ironic PUN About Pot]

If weed became legal do you believe that the price would drop? I think that it would drop but not to the point of paying $5/g.

Health Canada has a company that grows some pretty good chronic in a mineshaft in Saskatchewan http://www.prairieplant.com/cannimed-medicinal-marijuana.html. Price is $5/ gram no matter how many grams you buy. Now in the U.S. that may be considered extremely cheap but i can get QP's of mid grade chronic for $400-500 here in Ontario whereas the government stuff would equate to $560 a QP. Not bad for a market with a very small "audience", but if it were opened up to competition and a larger market you could literally get the price down to a dollar a gram .

Think of driving through the midwest and instead of seeing field after field of corn you saw field after field of Cannabis. It can be used to feed livestock (very high in protein) fuel cars, build homes, make clothes, heal, and on and on.... oh and lets not forget get us stoned

 

[dontexist21]

Health Canada has a company that grows some pretty good chronic in a mineshaft in Saskatchewan http://www.prairieplant.com/cannimed-medicinal-marijuana.html. Price is $5/ gram no matter how many grams you buy. Now in the U.S. that may be considered extremely cheap but i can get QP's of mid grade chronic for $400-500 here in Ontario whereas the government stuff would equate to $560 a QP. Not bad for a market with a very small "audience", but if it were opened up to competition and a larger market you could literally get the price down to a dollar a gram .

Think of driving through the midwest and instead of seeing field after field of corn you saw field after field of Cannabis. It can be used to feed livestock (very high in protein) fuel cars, build homes, make clothes, heal, and on and on.... oh and lets not forget get us stoned

Most farmers are going to be growing hemp, it will most likely be cheaper to produce hemp then good weed.

 

[Some Ironic PUN About Pot]

Most farmers are going to be growing hemp, it will most likely be cheaper to produce hemp then good weed.

Thanks buzz killington... But think if we turned all the excess hemp into bubblehash and honey oil.. come on now and be optimistic, what kind of stoner are you anyway??!

 

[spinninggorilla]

The price would have to go down. The free market and competition would create lower costs. The gov would make money off of the permits to sell it and yes they will tax the heck out of it. No worries I will still grow my own.

 

[helloitstee]

Weed can save our economy in a way. One way is they'll raise up taxes from legally permitted mj producers. I probably think the taxes for it will be high because they'll expect the producers to sell it and if that is so the prices of weed will go up. Just my two cents!

 

[dcolem01]

Weed can save our economy in a way. One way is they'll raise up taxes from legally permitted mj producers. I probably think the taxes for it will be high because they'll expect the producers to sell it and if that is so the prices of weed will go up. Just my two cents!

I think we just came up with a way to fund complete healthcare reform.

Free medical care for all... (In the US.)

 

[antoinetterys]

i think that the price would skyrocket because it would be taxed sick like
in 1937 according to history there was a Marijuana Tax Act in the US that restricted the amount of possession considered legal

Think of driving through the midwest and instead of seeing field after field of corn you saw field after field of Cannabis. It can be used to feed livestock (very high in protein) fuel cars, build homes, make clothes, heal, and on and on.... oh and lets not forget get us stoned

however i believe in the last part
because formly before it became illegal
it was the United States' 5th largest cash crop
competed with the cigarette companies as well as the clothing companies

 

[lazyblazer67]

I think it would all depend on how legal it became. If it was legal to grow it the price would drop greatly. It all comes down to supply and demand at that point. Most ppl would just grow their own and you would have farmers growing HUGE crops and the price would be very low. If it just became legal to smoke and have but only liecensed farmers could grow then it could very well become exteremely high priced. Its kind of a tough product to tax because of how easy it is to grow. Anyone after a little research and know how can grow weed no problems. Its called weed for a reason. Things like tabbaco on the other hand have to have good conditions and the right climate to grow well. (Not to mention all of the other chemicals in cigs that arent so easily replicated.) Thats why the government can easily tax cigs. Just my opinion and its all kinda random. (I'm High)

 

[triconomics]

I think my bud would always be free to me so it would cost nothing at all if it became legal. So now you now know why it will never become legal. However with budget cuts in the government enforcement will become lax which may seem like it is legal.

 

[110100100]

You don't need to tax a $100 Billion dollar a year industry hard to generate a shitload of revenue. It would be in line with alcohol or other like products. If taxed just like alcohol it's been estimated it could generate $30B USD a year in taxes. Billion. I personally don't have a problem with paying a fair tax like that on it we need to generate revenues to help the govt stay afloat and legitimate business op's. There has never been a better time in history to finally make the changes. It's good for people and ultimately good for our economy.

 

[more4u2c]

well I was in Amsterdam and they had some straight fire ass bomb buds and they sold them between 2.50 and 4.00 dollars a gram so I think it would be way cheaper I'm going to agree with the 10 dollar range> It will most likely be like this 3 dollars for a gram and 7 dollars for tax.

 

[more4u2c]

dude you need to think what it means to have it legal. right now with it illegal there are only a few people growing it because of the felony charge if you get busted. with it legal everyone and ther momas are going to grow it making supply very high with high supply prices drop to a point were people dont want to go through the hassle of growing when you can get it cheaper at the store. then supply will diminish and the prices will go back up a bit. youll see price fluxuation for a year or two then it will balance off. look at tobacco early americans grew there own till the tobacco companys started makeing cheaper packs than what a person could grow so we all stoped growing our own tabacco and just got it from the store.

 

[RyanTheRhino]

I feel like the only way they could sell it would be like an American style coffee shops think the prices could be a lil high cause they would tax the shit out of it. Still think i would just grow my own, but at least I could get my seeds a lot easier.

i watched msnbc's "mj americas pot inc."
and it said that cali taxes 50$ for every ounce sold so all i can say is that it will increase the medical/rec... price

 

[SOorganic]

well I was in Amsterdam and they had some straight fire ass bomb buds and they sold them between 2.50 and 4.00 dollars a gram so I think it would be way cheaper I'm going to agree with the 10 dollar range> It will most likely be like this 3 dollars for a gram and 7 dollars for tax.

You havent been to the Dam recently have you. Last time i was there(2 years ago) the prices for good high quality weed was a bit on the pricey side. like say a gram of SShaze was about 7 to 13 euro depending on shop. And i actually payed 15 euro for a gram of a Nevills Haze. Shits not cheap there any more. Especially if your looking for water hash, the prices can be outragous! I payed 40 Euro for some water hash named Natural Sin. It was good but not 40 Euro a gram good, thats like 55 dollars U.S. It wasnt even FMCD!!! I used to be able to get grams of FMCD at the clubs in SanFran for 50 a gram and that shit was Out of this World