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How Much Should An Ounce of Marijuana Cost In A "Free Market," Society?

I am not a stoner, but know friends who spend between $150 - $400 per month for a single ounce of weed. Holy black market expensive. It's a freaking plant for God's sake, not some precious metal!

I never would have thought that a single ounce of "high grade," marijuana would have as much value as a quarter ounce of gold.

Marijuana prohibition just doesn't make sense...in SO many ways.

So how much should and ounce of "high grade," weed cost if marijuana were to be legalized?

$20 would seem to be a fair price....taxes included.

Let's say about $10 of the cost is attributed to some kind of state tax.

Let's assume that the average American toker smokes 1 ounce of weed per month.

$10 X at least 30 million American potheads =

$300 million per month in tax revenue.

That equals $3.6 Billion per year!

What if the taxes were $50 instead of $10?

$60 bucks for an ounce of "high grade," weed...

That equals $18 Billion per year! At least...because I am being overly conservative by estimating that less than 10% of the American population smokes pot.

The LAST thing I want to do is give the government more taxpayer dollars to waste, but if legalizing weed could perhaps supplement the elimination of the Income Tax, eliminate wasteful DEA and police force expenditures, reduce crime, and make room in jail for the real criminals of society... I'm all for decriminalizing marijuana.

"How Pot Saved The West"



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have you ever grown weed before

indoor or outdoor?

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Well I sure talk like I have.

But I plead the fifth. Well maybe a time or two. But like I said in an earlier response "If it were legal then I could grow it in the garden outside with the rest of my produce."

Have you?

Caught me.

Nope, I don't. Just what I've heard. Never grown the stuff myself. You evidently have, and I won't question your expertise. But tell me, if you know: aren't there parts of the world where it grows wild, without "cultivation"? If so, why wouldn't such locales be ideal sources of the crop, with negligible production costs?

Recommended reading: The Most Dangerous Superstition, http://www.amazon.com/Most-Dangerous-Superstition-Larken-Ros...

No you are right.

Those who talk about quality are brainwashed into thinking that you can only get "good" weed from expensive hydro operations.

It is about the quality

Sure, you can throw a bunch of cali-stink bud seeds on the ground in Upstate New York and you will get a descent crop, but the seeds are acclimated to the Cali weather and wont produce in NY like they would in Cali.

You need to continually cultivate the seeds year after year and crossbreed for the climate zone you are in. Sure, it grows wild, but the quality is not there.

It is about the quality

Sure, you can throw a bunch of cali-stink bud seeds on the ground in Upstate New York and you will get a descent crop, but the seeds are acclimated to the Cali weather and wont produce in NY like they would in Cali.

You need to continually cultivate the seeds year after year and crossbreed for the climate zone you are in. Sure, it grows wild, but the quality is not there.

I disagree

Quality is there,, you just can't always get it to finish blooming before the fall rolls around. So yes I guess you are right, but the quality isn't there because you can't get it to full maturity due to the weather, but the plants genetics are essentially the sane in any climate.

A nation of sheep breeds a government of wolves.

Not true

Grown from seed- doesn't matter where the seed was produced because at germination the plant is accustomed to the growing conditions of that region. However, if you had a clone from cali-stink bud and grew that in upstate NY, the plant would not be accustomed to that particular growing environment.

As far as seeds that naturally grow in the wild, these plants are called landraces. It is the genotype carried out by natural selection coupled with the growing environment. These landraces are what's known as types like : columbian gold, the haze str@ins native to Thailand and the far east or south pacific, the afganistan and pakistan kush str@ins, there is the ruderalis variety which is native to Russia and has evolved into an autoflowering plant due to the climate, there are varieties native to Africa, etc, etc,.

These landraces (wild plants) are your genetic building blocks for the eventual cross breeding and hybridizing within the species (cannabis sativa, cannabis indica, and cannabis ruderalis).

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

i concur

it usually takes like 4 years for a variety to be naturally accumulated to a different region. i'm not a breeder or outdoor grower but that's what i've read in mr cervantes book and others.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

MMJ Ministry

Pick up The Cannabis Breeder's Bible, by Greg Green. It's a great read. An advanced read on the subject. And, there is a section on Darwin's theory of evolution pertaining to this plant. Apparently, the cannabis breeding community sees big holes in his theory.

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

Good post

Made me wonder: Isn't it interesting that many people who oppose GMOs have no problem with GM canabis grown under artificial light and with chemical fertilizers?

"artificial light"

yes, very very scary stuff.
did you get your talking points from the dea or what?

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

No, not the DEA, PG&E

PG&E makes HUGE profits off artificial grows. No?

Gonna tell me all that chemical fertilizers are good for you?

Oh yes Granger is the one who ....

believes that Cannabis consumption leads to gum disease- lmao!- Hey Granger can you please post that link again :) btw you'll be happy to know that I showed up to my last GOP central committee meeting to vote in Liberty lovers :) I'm a disgruntled (R) but haven't left despite my threats. I guess i want to see Rand put the gloves on.

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

Right on!

http://www.webmd.com/oral-health/news/20080205/marijuana-lin...

http://www.sciencedaily.com/releases/2008/02/080205161239.htm

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9JCf...

http://www.ada.org/3137.aspx

Google has 360K reports for you Doc.

My periodontist told me that marijuana smoking has many of his patients in their 40s, which he didn't see that 25 years ago. It was an old person's disease. Medical marijuana is legal here and my periodonist's office is crammed packed, two more offices have opened, last year. Looks to me it's a booming industry.

Let's dissect these links shall we...

When I was in college (molecular biologoy major)we were NEVER allowed to use google to site any type of "research." Might as well just go to Wikipedia.

WEBMD? Really? I work with Drs...we laugh when patients reference that sight. Find me a PubMed article will ya.

All those links are just articles..and biased ones at that. Show me some research...lab reports..even an abstracts would do. You do know what an abstract is right?

Not to mention all your reports are from 2008. In the eyes of science and research it is, archaic at best. Science and research have evolved greatly since then.

Has your periodontist done his research? And by that I mean, has he asked every marjuana smoker he has treated how they smoked? Did they use glass pieces? Did they vaporize? OR were they using tobacco products as a vessel..ya know dutchies, phillies...BLUNTS. Because that would acutally make sense.

Do us all a favor...quit walking under all those "artifical lights."

Atta girl...

Science runs in the blood. LMAO quit walking under those artificial lights- do you mean those same metal halides they use for illuminating our streets at night? agagagagagaga (popeye laugh)

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

For $320.00 you take a DNA test

It's too bad that your office laughs at patients trying to do their homework.

When I was in college, a fine arts major, I took a class on how to use the library for research, Library Science. It was 1982, computers were not part of the public scene in any big way. I chose the topic, AIDS. Didn't have much work to do and got an A.

Let me be clear.. SMOKE ALL THE MARIJUANA YOU WANT ANY WAY YOU WANT!

I'm not here to tell you not to smoke. I'm just saying that my periodotists says he's making a damn good living from the medical marijuan industry.. and he's laughing all the way to the bank.

Peace be with you.

Well let ME be clear

You never use one source and claim as fact. You do more research. Didn't that research class you took eons ago teach you that?

The reason why we chuckle at those patients is because they do exactly what you did, take one source use that as fact and spout from the mouth like they know something. Then when we tell them otherwise and try to teach them, they keep referencing the same lame source.

If you don't know what your talking about then just HUSH.

Oh and I'm a little confused about the $320 DNA test comment? HollisticMD is my brother...as in birthed from the same mother, have the same father, grew up together...so I think we will save that $320 and spend it on pot...and only the good stuff of course.

It was my periodontist who told me

I went to the periodontist.. the office reeks of pot, everywhere you go here it reeks of pot. My periodontist doesn't have a web page. I said to him, "Man you have a busy office". He told me.. marijuana brings them in younger and younger."

Periodontists have become a booming industry here. Go figure.

I simply searched periodotal marijuana.. no biggy.. 360K hits.. listed the first four.. You ahve a better souce, let's see.. but if you chose to IGNOR, do it at your own risk. Surely not mine.

Smoke to your hearts content, I sincerly don't care if you smoke, what you smoke,, that's your business. I'm only reporting what my periodontist told me why he has a booming business.

http://www.ncbi.nlm.nih.gov/pubmed/20565019

DNA test is becasue 11 bacterias are responsible for gum disease, and some folks have a heriditary gum disease, so the give a test, and if you have heritary gum disease, then there si nothing you can do to prevent or correct the problem. I have always taken exceptionall good care of my teeth. I have beautiful teeth. When my dentist told me to see a periodontist, I was shocked? Did my breath smell bad? WTF?? The denist said that the back four teeth had deep pockets, but the rest of the teeth were very healthy and that concerned him. So he sent me to a periodontist, who gave me a DNA test. I have heritary gum disease. So I had those those teeth removed, bone implanted and hopefully I got it early enough the bone will take and I'll get implants to replace the molars I had removed. People who are in their 30s and 40s are a new age group in the periodontists office and it's not heritary gum disease bringing them in, 8 a day to the office.

As far as me hushing: not going to happen.

Peace be with you.

and I'm laughing at his piss poor patient evaluation as a DDS

as is LdyLbty. Granger Ldy is right. Those sites don't mean a damn thing. Show some actual research from pubmed on this topic and I'll go away. However, as a stoner, and a healthcare professional, I'm telling you that it is a combination of things if your DDS is right about the gum disease-

1) Lazy pot heads that get so high before bed, and snack and munch, and then don't brush, floss or do either terribly

2) I'll have to see the research but sure- tar could have negative effects on the gums; however, I really think you are mixing apples and oranges. Tar from nicotine contains zero cannabinoids.

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

Right on

It's your teeth. Do what you want.

you are scaring me

I'm totally gonna go get a vaporizor pen right now. :)

In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.

FEAR is ab acronym

FALSE
EVIDENCE
APPEARING
REAL

I'm not fearmingering you or anyone. Simply reporting what my periodontist told me.

Vape away!

I have a problem with it.

Another thing to "worry" about when buying is what if someone takes bunk weed and sprinkles some of the fake weed stuff on it and calls it premo. "If" I smoked I would much rather grow my own like the rest of my produce.

as much as the market allows.

as much as the market allows.

Maybe in an ideal world...

If the question is how much should it cost in an ideal, truly free market-which will never exist in this country- then maybe that price is right. However, it will never be that cheap. From what I've seen, medical marijuana goes for about forty bucks/ eighth ounce. I guarantee you'll never see an ounce at the price of an eighth, let alone half that. Maybe, if things went really well, you might see an ounce of high grade stuff going for 100. Right now, a hundred bucks would buy you an ounce of seeds and stems!

"I will not submit to authority of man. I'm alive, I'm awake, this is more than I can take." -Jordan Page

You are talking about prices under

state sanctioned monopoly. Even with the strict laws keeping the price up, the prices that the growers are getting at wholesale on the black market are not that much more than 100/oz. Think about it. When you are talking about large quantities of pounds moving illegally it is not uncommon to see $2000 lb. Thats $125/oz. That is on the black market where there is a huge premium for risk and far less competition than if it were legalized, even legalized and taxed and regulated. After pot cultivation and distribution were legalized, how quickly would the middle men be cut out by consumers getting the best prices by going straight to the grower? You're probably right that there will never be a true free market in the pot trade, but to say that prices will not drastically decrease as a result of legalization is just not the truth.

i mostly agree

in colorado you can buy an oz of warehouse weed for $125-$150 all day. the quality is not that great but most people can't really tell the difference.

"how quickly would the middle men be cut out by consumers getting the best prices by going straight to the grower?"
in colorado it took about a year or so to destroy the middle man market.
prices for indoor went from $4000+ a pound (1999-2009) to under $2800 in about 2-3 years. right now prices are around $2400-$2600 in the flooded grey market.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

No doubt

Tomorrow you will have to apply a daily interest rate to those numbers... to make them relevant.

-quiet engineer