The Cost of Cannabis

January 1, 2020by Lucky Leaf shop

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As long as cannabis has been sold globally, its cost has varied from country to country, town to town and even supplier to supplier. However, never has there been a more turbulent time in its pricing than now.BUY WEED ONLINE BROOKLYN

There are currently over thirty countries where medical use is legal and over thirty countries where recreational use is either decriminalized or tolerated in some form. In the United States ten states and the District of Columbia have legalized the sale and use of cannabis recreationally.

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These changes have had a huge impact on the pricing of cannabis. In countries where there is a legal supply, new licensed networks are facing the established black market in a price and customer war. Taxes and regulations are hitting users in many countries depending on the level of legality.

Cost of Weed in the USA

At a federal level in the United States, cannabis is still illegal but 29 states have made medical use legal and 10 have done the same for recreational use. Due to federal influence, most American banks still refuse to open bank accounts for cannabis companies.

These companies are also up against competition from established suppliers, but still find themselves at odds with federal restrictions. Let’s have a quick look at the U.S.A’s average prices and then dig in deeper for a few states.

We’ve looked at this based on different weights and compared both the legal and black markets where possible.

USA Average

 High QualityLow to Mid
1 gram legal$13.71$11.83
1 gram black market$14.41$11.87
1/8oz (3.5g) legal$45.87$35.38
1/8oz (3.5g) black market$43.06$36.85
1oz (28g) legal$320$283
1oz (28g) black market$239$206

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