burnin1
Well-Known Member
From the Huffington Post:
And The Cheapest State For Weed Is...
The Huffington Post | By Kim Bellware
Posted: 05/26/2015 8:44 pm EDT Updated: 45 minutes ago
High-quality marijuana tends to be cheaper where it's legal, according to a Forbes analysis.
In a new report analyzing the effect that legalization and decriminalization have on the price of marijuana, the kind buds at Forbes crunched numbers culled from PriceOfWeed.com, a crowd-sourced site that describes itself as "a global price index for marijuana."
According to Forbes' map, marijuana users in the most expensive state pay nearly double what those in the least expensive state shell out. In Oregon, where both recreational and medical marijuana are legal, an ounce of high-quality weed can run $204. In North Dakota, the price is more like $387.
Overall, weed is generally less expensive out West. East of the Mississippi, that high-quality ounce goes for less than $300 on average only in Michigan and Florida. Forbes' thesis that legal weed generally correlates with lower prices holds up: In Alaska, Colorado, Oregon and Washington state, where recreational weed has been legalized, the price of an ounce falls below the national average of $315.96, according to PriceOfWeed data.
Legalization isn't just good news for users looking for a less costly high. A year after Colorado became the first state in the nation to allow recreational marijuana, the state raked in $53 million in weed-related tax revenue.
Along with the four states plus the District of Columbia that have legalized recreational marijuana, 15 other states have laws decriminalizing marijuana possession to some extent. Just last week, Illinois moved one step closer to becoming the next state to decriminalize marijuana.
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And The Cheapest State For Weed Is...
The Huffington Post | By Kim Bellware
Posted: 05/26/2015 8:44 pm EDT Updated: 45 minutes ago
High-quality marijuana tends to be cheaper where it's legal, according to a Forbes analysis.
In a new report analyzing the effect that legalization and decriminalization have on the price of marijuana, the kind buds at Forbes crunched numbers culled from PriceOfWeed.com, a crowd-sourced site that describes itself as "a global price index for marijuana."
According to Forbes' map, marijuana users in the most expensive state pay nearly double what those in the least expensive state shell out. In Oregon, where both recreational and medical marijuana are legal, an ounce of high-quality weed can run $204. In North Dakota, the price is more like $387.
Overall, weed is generally less expensive out West. East of the Mississippi, that high-quality ounce goes for less than $300 on average only in Michigan and Florida. Forbes' thesis that legal weed generally correlates with lower prices holds up: In Alaska, Colorado, Oregon and Washington state, where recreational weed has been legalized, the price of an ounce falls below the national average of $315.96, according to PriceOfWeed data.
Legalization isn't just good news for users looking for a less costly high. A year after Colorado became the first state in the nation to allow recreational marijuana, the state raked in $53 million in weed-related tax revenue.
Along with the four states plus the District of Columbia that have legalized recreational marijuana, 15 other states have laws decriminalizing marijuana possession to some extent. Just last week, Illinois moved one step closer to becoming the next state to decriminalize marijuana.
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