RE:RE:RE:RE:RE:RE:RE:RE:quiet posting day for the bashersHighnstein9 wrote: Highnstein9 wrote:
ahhhh it just occurred to me that you don't know how much weed is usually sold for. Well if I remember the article I think the average sits at around 10$ per gram.... Which is what weed is usually sold for. Now you know. Go find some more articles and try to make them seem negative. If the average price stayed in the 20's there would be a lot less customers.
Exactly Highnstein.....the whole thing about MJ prices falling is hilarious. They have fallen from $25 - $30 per gram in some cases......absolutely insane.
Now its down to around $10 per gram which is still too much. Weed prices in most markets will need get down to aound $200 per once or $7 gram to compete with the black market. Thats retail price. There is still plenty of money to be made my wholesalers and retailes at those prices. Alot of people have been making a lot of money for years at thoses prices and so will MJ companies now that it is legal.
Your right i dont think Pressly has a clue about weed prices other than what he reads online.
January 5, 2016 Washington State Marijuana Prices Plummet
Recreational marijuana prices in Washington State have fallen by more than 50% in the last 18 months, helping the industry compete against the black market but also introducing new challenges for licensed cannabis businesses.
The reason for the price plunge? A deluge of new retailers and tax changes are forcing stores to cut prices in an effort to increase customer traffic and sales, the Longview Daily News reported.
When the recreational marijuana market launched in July 2014, the average price per gram was between $25 and $30. Now a gram costs on average just under $10.34, according to report.
Several retail stores told the Daily News that their profits suffered after a 37% point-of-sale tax replaced a 25% tax that was charged to producers, processors and retailers.
Competition is bound to get stiffer, as Washington has authorized up to 222 new retail licenses as part of its move to fold the unregulated medical marijuana industry into its recreational program.
This week, the state Liquor and Cannabis Board will announce new emergency rules for the additional licenses.
At least one retail store manager, Hollie Hillman at Freedom Market in Longview, doesn’t expect prices to fall too much more since some strains of licensed recreational marijuana are already down to black market prices of about $7 per gram, according to the Daily News.