How Much Does an Ounce of Weed Cost when in those days for the longest time, marijuana was an under-the-table commodity? It was talked about in hushed tones and exchanged discreetly so as to avoid detection. Read this article to the end to find out more about the cost of an ounce of weed.
During those dark days, weed prices were largely dependent on the whims of the person doing the selling. There was no online infographic explaining what weed costs. You just paid what “your guy,” asked because you didn’t know where else to go.
Weed was strictly an under-the-table item discussed in a somewhat hushed tone and sold discretely. There was no fixed price too. People paid whatever their sellers or friends ask of them.
How Much Does An Ounce Of Weed Cost?
I will like you to know that a lot of factors affect the price of weed. These include quality, price competition; growth method, location, and more. But an ounce of marijuana might cost between 150 – 350 US dollars. You can also choose to buy less than an ounce. But keep in mind that the more you buy, the cheaper it gets.
Prices of Other Quantities of Weed
Let’s break down into separate quantities, and list out how much you can expect to pay for each:
A single pre-rolled joint or blunt
The cost of a pre-roll depends on the quantity and quality of the bud going in it, but for a joint, you can usually expect to pay between $3 and $7, or maybe $10 to $15 for the really high-end stuff. Blunt is significantly larger, so they tend to start out at around $25 and can run up to $50 or even more.
A Gram of weed
Generally, the smallest amount you can buy loose, a gram will cost anywhere from $8 to $20.
2 Grams, aka a “Twenty”
Experienced stoners will call 2 grams a “twenty” out of habit due to old black market prices, but that number no longer has much meaning. 2 grams will run you between $16 and $40.
3.5 Grams, aka an “Eighth”
While it was named during the black market days, and eighth is still an eighth because it’s just that – 1/8th of an ounce. Traditionally, these were also called “forties” as they usually cost $40, but these days they can cost as low as $35 and as much as $60.
7 Grams, aka a “Quarter”
A quarter of an ounce brings us into bulk price territory, and can range anywhere from $60 to $150, depending on quality.
14 Grams, aka a “Half”
At a half ounce, the bulk prices can really start getting cheap. They can range anywhere from $90 to $200, but they usually clock in at around $130.
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Cost for Different Countries
The price of an ounce of marijuana differs from one country to another. Let’s take a look at the cost for different countries. And mind you, these are all high-quality weeds.
United Kingdom – In the UK, the price of cannabis is $256.33.
Australia – The price of weed in Australia is $300.
Portugal – The price of weed in Portugal is also $300.
Canada – The price of marijuana in Canada is $202.54.
USA – in the United States of America, the price of marijuana varies significantly from state to state. In New York, high-grade weed is about $305, while in Texas; high-grade weed costs $284.41. Price is also $220 in Colorado, just like that.
Factors That Can Influence Weed Price Per Ounce:
The love that weed users have for the commodity is almost similar to the love between a man and a woman. Be it medicinal or recreational marijuana; the product is still an asset to many.
But as discussed earlier, so many factors determine the price of marijuana. So, bear in mind that the cost of the item will not be uniform across the world.
For instance, in Alaska where weed is legal, an ounce (28 grams) of marijuana cost $303.04. In California, an ounce is $250. And even within each state, the price also varies.
So, it will do us a world of good to look into the factors that shape the price of weed, so that those buying the commodity can make an informed decision.
Factors That Affect the Price of Weed
1. Weed Prices by State
Where you live is probably the biggest factor affecting weed prices. And it’s not just geography. It’s your state’s stand on legalization. In most places where weed isn’t legal, dealers can go to jail for selling. Because of this, their prices are often going to be higher in reflection of the risk.
Only eight states have legalized recreational marijuana use so far: Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington.
Looking a bit closer at geography, it’s easy to see why this factor can have a large effect on the price you pay for the weed in your bong. Most weed is grown in warmer climates with fairly stable daytime temperatures that range from 75 to 86 ℉.
Temperatures above 88 ℉ and below 60 ℉ can decrease THC content and slow growth. That means that ideal weed growing locations are few and far between. The plant can be grown in these less-than-ideal locations but the quality of the strain will be affected.
2. Where You Buy Weed
Again, depending on where you live, you have two options: buying from an individual “on the street” or buying from a registered dispensary or storefront. Where you buy has a major effect on weed prices.
In states where the sale of marijuana is legal, registered dispensaries and storefronts are typically cheaper than individuals selling on the street.
The nice thing is dispensaries are also more reputable. They have to follow strict guidelines in the labeling and display of their product.
For one thing, you might be paying a premium for what the guy on the street claims is high-quality cannabis. In actuality, you could be getting the dregs or leftovers (the shake). You wouldn’t want to pay $50 for something that’s actually only worth maybe $8.
For another thing, not knowing what you’re getting when you purchase a drug can be deadly. This is evident by the recent outbreak of overdoses caused by carfentanil-laced heroin.
3. Quality of Weed
Quality is another major variable that affects weed prices. High-quality ganja is obviously going to cost more than medium- or low-quality stuff. We’re all familiar with this when it comes to gas for our car. Premium-grade gasoline costs more than regular unleaded.
You may not have much control over the quality of the weed being sold in your area, but when prices fluctuate from one week to the next for the same type and quantity, quality may have a lot to do with it.
4. How the Weed Is Grown
Another component that influences the price you pay for weed is how that weed is grown. Cannabis that is grown outdoors is much less expensive to produce.
This is because light, water, soil, and temperature are regulated by nature and don’t require a lot of extra money, time, and effort from the growers.
Indoor-grown cannabis, on the other hand, requires special lights, climate control, watering, feeding, and the electricity that makes it all possible. Maintaining and regulating these components can be very labor-intensive, not to mention being expensive to set up and operate.
But while outdoor-grown marijuana may be less expensive to produce, indoor-grown marijuana can be produced at a higher standard.
5. Weed Taxes
In states where marijuana is legal, the sale of the weed is always associated with a tax or fee of some sort. Colorado, for example, includes a state tax rate of 2.9% and a special marijuana sales tax of 10%.
And if that isn’t enough, Colorado then applies a local tax (usually 0.5% to 1%) that varies by location on every dollar spent. They also tack on a 15% excise tax on every pound. This tax is paid by the wholesaler but can certainly impact the cost you pay as the end user.
Just for reference, sales tax — the money tacked on to every purchase you make — ranges from 1.69% to 9.45% in the United States. That means that you pay anywhere from a penny to a dime extra per dollar for the things you buy.
At this point you might have realized that weed which in time past used to be a secretive cannibis sold in discrete now has most of it production process and distribution legalized in some countries. This article has also shown cost of weed in these countries and also cost of the substance in different grams.
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