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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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in denver colorado

the elc company has caught on and now charges a much higher rate if you use over so much power a month. basically if you run more than 3 1000watt lights you get put into a more expensive tier than most normal residents. they stated doing it a few years back.

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you have no idea what you are

you have no idea what you are talking about.

Have you ever grown your own?

Have you ever grown your own? do you know how hard it is to grow weed with a THC content over 30%? Do you how much it costs for fertilizer, lights etc? Do you realize it takes between 60 days to 6 months depending on which type of plat to grow to full size? An 1/8 ounce goes for 45.00 and that is the real good stuff. Afair price is what the market will bear.. 20.00 for an ounce? you are high... there is a lot of work to grow the very good stuff..

He's high!~

Two words: Spider Mites. Two more words: Powdery mildew.

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.

those are easy to eradicate

Two words: root aphids. Two more words: hemp mites. also "The Slime" aka “Brown Slime Algae” aka “Cyanobacteria" has become a real problem with hydro grows. coco ftw.

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He's right

Spider mites and powdery mildew are relatively easy to control-- perhaps not your first time meeting them. I heard about hemp mites, and I can only imagine what the slime can do- I've seen pictures.

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.

exactly!!!!!! none of these

exactly!!!!!! none of these people have any idea what it takes to grow the stuff. It is an art. My brother here got his MMC in Colorado about 3 years ago. it has taken him 2 years to learn how to grow the real good stuff. 30%+ THC content. many of these peoiple are probably smoking what we call swag, the low grade stuff. Just like anything else, you get what you pay for. He had a spider might infiltration with one grow because he bought a plant that was infected. He learned to take a magnifying glass and inspect the plants before he brought them home. He has learned the hard way but now he grows the very best. he is going to enter the cannibus cup next year. all his friends call him MR. green jeans.. lol. He uses dutchmaster fertilizer. etc etc. there is a ton of work growing good weed. and these dopes think it should be 100.00 an ounce? lmao...

Seriously- Spot on Sierra

They have no understanding how much the equipment costs, they have no understanding of the cost of newts alone, even soil some think that is cheap (and let me tell you people if it is cheap you're making it yourself and it's back breaking).

It was amazing when I worked at the dispensary, it was like venereal disease back in the 60's and 70's. When it exploded here in CO, you couldn't walk into someone's grow and not walk out with a spider mite, or aphid, or mold spore. Another thing "these people" (fellow liberty lovers) don't understand is the genetics of the plant. There are so many unstable genetics on the market right now. Everyone is trying to make a quick buck and either a) they don't know what the eff they're doing and suffer due to their lack of knowledge (ie it's a weed, it grows anywhere, it's abdundant, it's easy... and there is smidge of truth there- just a touch people), or b) they lack business ethics and sell hermaphroditic seeds or flowers or clones, or try to make a quick buck and cut costs(which is good to a point) by trimming their buds by machine and kiefing the flowers (basically the machines knock the resin glands off and the bud becomes less potent while they sell the kief on the side or make hash or food).

Other growers prefer to do things differently, probably like your brother- who most likely has his room dialed in, keeps the op small and manageable, and clean! That's just my bias though. Having worked in a dispensary, and having been in many rooms, I think the plants appreciate the individual attention and grow healthier and the product turns out DANK!

Wish I could meet Mr. Green Jeans sometime ;) Perhaps I'll meet him at the cannabis cup in Denver :) this year or next.

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.

Big Bump

Lot more work and money than most think. Most that try fail and quit.

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wolfe's picture

Prices inflated because of risk.

Pure production is REALLY cheap. Even hydro is very cheap, and soil is virtually free.

You could produce about 10 ounces with about $400 in supplies and energy costs (depending on locale and setup). This would be a cost of about $40 per ounce, with profit margin up to about 80$. (And I mean good stuff). Easy production would cause competition to create razor thin margins, and would eventually settle down to barely above cost with people using economy of scale to further push down prices...

The reason it is so expensive is that people require a higher reward when risking their life and freedom. Being illegal increases profit margins for those who are less risk averse.

But your question/goal is flawed. Why would you want to ask them to steal from you, just so that you could get them to stop controlling a small part of your life?

Btw, it isn't taxable. That's the problem. High cost would drive people to grow their own. Whereas tabacco's difficult grow/harvest/cure process stops people from growing it in their backyards, so they can tax the living hell out of us on it.

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i don't want to give the

i don't want to give the government any money at all. I think Marijuana has the potential to be actual currency.

But as far as "high grade" marijuana is concerned, you would have to make an agreement with your neighbors for them not to grow hemp outside, because it would pollinate the female marijuana plant and make it seedy and turn it into "low grade"

So a lot of people would still have to grow their "high grade" marijuana indoors, for fear of contamination.

So the price would be a little bit higher, so i would say 5 dollars an ounce.

lawrence

"Taxes included"?!!

I stopped reading right there.

Taxes?
We ain't got no stinking taxes!
We don't need no stinking taxes!!
We don't have to you pay you no stinking taxes!!!

The obvious answer is of course:

4.20

Win!

Win!

Compare it to Fei

Fei is a currency that is based on the effort put into it. There is a product that is less important because it only effects your taste buds. It is a spice called "Saffron" It won't make you high but it makes you forget any spice you have ever had before. It is only worth about 400.00 dollars a ounce. Screw getting high, I am going to grow this shit.!!!!

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

you'll need

to aquire genetics from Spain- the good shite

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.

Free.

Free.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Supply and Demand are the 2 primary and most well known

factors in price. But they're not the only factors.

Economic systems are dynamic - the unseen hand if you will. This short excerpt from the Onion should clear up any vaguenesses:
http://www.youtube.com/watch?v=K2IYIJc1f00

Pandas eat bugs.

I should be able to grow it like tomatoes

unless tomatoes are a gateway fruit to a salad.

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

Tomato: South American native. Cultivated in Central America.

Though the tomato is part of the nightshade family, it does not require a prescription, nor has anybody been put on the endangered species list for eating it.
=================================================================
Did Early Americans Believe Tomatoes Were Poisonous?
Spanish explorers discovered the tomato, a native of South America that was first cultivated in Central America, and brought it home. A myth has grown up that European colonizers thought the tomato was poisonous. This is an exaggeration. The truth is that some Englishmen believed this in the 1600s and early 1700s.

The Spanish were the first Europeans to notice the tomato in Mexico in the 1500s. “Tomatl” is an Aztec word. It spread to Spain and Portugal, then to Italy through Naples, which was then a Spanish city, and later to France from Naples. The Italians called them “pomi d’oro,” or golden apples, which suggests that the first tomatoes were yellow ones. (Remember that the next time you see pasta pomodoro on the menu.)

In 1597, John Gerard, a rather unreliable British barber/surgeon and naturalist, published a book, Herball, or General Historie of Plants, in which he stated that the tomato was poisonous, even while acknowledging that French and Italians ate the thing. Presumably they weren’t quite human. This statement, according to Jim Gay of Historic Foodways at Colonial Williamsburg, “set the stage for the negative view of tomatoes in the British and American diet that was to last for the next two centuries.” Negative doesn’t necessarily mean deathly poisonous—obviously the English knew that other people ate them and survived. According to Andrew F. Smith in his 1994 book, The Tomato in America (which I meant to just skim but it was so interesting), the tomato was eaten in soups in England in the 1750s and is mentioned in the famous English cookbook of 1758 by Hannah Glasse. By the 1780s, tomato sauce was widely used in England.

What about America? By the early 1700s, most Americans were quite aware that tomatoes were edible, and they ate them with pleasure. The Carolinians and Floridians had them first, from the Spanish colonies in Florida or the French Huguenots who immigrated to Carolina, or from immigrants, black and white, from the Caribbean... The earliest American recipe occurs in 1770 in South Carolina.

So did Thomas Jefferson introduce the tomato to America? Nope. That’s an other myth.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

No but he did

import hemp/cannabis seeds and states that males should be separated from the females to ensure a seedless crop.

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.

Ok, those must be some potent tomatoes

my tomato consciousness just expanded! You're a "tomato" grower, aren't you? ;) ;)

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

And you would be a humorist?

Aren't you?

Normally, one can readily detect a farmer or humorist. In your case, being a Ninja, I am left to wonder.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thank you. I strike where appropriate, good Sir.

In these troubling times, it is of great importance to remain light hearted for the burden of carrying heavy hearts is what makes revolutions difficult to fight.

If I can make just one person feel lighter with a few lines of text, well then, my work here is done :)

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

Elated!

"I smiled to myself and felt elate" — Charlotte Brontë

In the Victorian Age, even those writing of elation, mourned. -Charlotte Brontë, short biography

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

$17.76

:>

.
~wobbles but doesn't fall down~

haha, stay away from the

haha, stay away from the "cheap" Mexican stuff http://www.amazon.com/Oregano-Mexicano-Mexican-1oz/dp/B00B2F...

Side note- Thanks for all you do Michael!