The Average Price of an 1/8 of Legal Weed in Colorado is About 65 Dollars

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Weed - The Average Price of an 1/8 of Legal Weed in Colorado is About 65 Dollars

Early reports are in from patients and dispensaries, and the tentative average cost of weed–after tax–is approximately 65 dollars an 1/8. This is just an estimate, but after scanning the state’s recreational cannabis menus, talking to patients, talking to dispensary owners, walking into shops, and buying an 1/8 of Grape Skunk for that price, that is the consensus number we’ve all arrived at.

Is it expensive, especially for Colorado? Definitely. But there’s a 25% tax that the businesses must pay, and thus, the cost of legal, recreational weed out here isn’t so much different then the cost of illegal weed in New York City or Texas. But, you know, it’s legal!

As we’ve mentioned before, the demand for this weed is already outweighing the supply┬áso it’s really just a simple case of economics. While it may be a bit pricey for some, the price sets itself, and again, the state will see (at least) over 150 million dollars in 2014 from these legal purchases.

While we’ve heard some customers complain about the price point, everyone must realize: you can’t buy legal weed anywhere else in the United States (until June in Washington). And this is how you make history: by giving back to the government that let us make it.

Comments 45 Comments so far... Add Yours

  1. Paul

    I don’t understand what all the fuss and uproar is about when it comes to pot? We all should nhave seen this coming years ago. I certainly did. IMHO back in the 60′s to 70′s All the “Kids” were being arrested, jailed, and fined highly. Now most of the grownups who were doing the arresting are either gone, or no longer in power of the gov’t. And, those Kids have all grown up and are now in gov’t positions. While in the general publics eye, one can not even mention the use of pot use even if it was long ago. Behind closed doors, the many in gov’t positions now who smoked are in a position to do some thing about passing and even legalizing the use of pot. Also, the masses of voters today most often do vote in great numbers for legalizing.
    And, it helps even moore when behind the curtain of a voting booth. As for myself I could take it or leave it with no problem and have said no on more occasions than I can count. However, I have more than one or two friends through out the years that would gladly have, and yes, even name a pot plant if they were more free to do with pot as they wished. To my friends who may never see this post, I can only say,… Be patient that time is coming, perhaps sooner than they think.

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