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While user-generated prices have no inherent check on accuracy, the criminal status of marijuana in many countries means a formal price index may be difficult to construct. [ 1 ] [ 2 ] In August 2011, Matthew Zook , a professor of geography at the University of Kentucky , generated a detailed heatmap using data from the site. [ 3 ]
According to state reports from Michigan’s Marijuana Regulatory Agency, in October 2020 the average retail price for an ounce of marijuana flower was around $288 dollars. A year later, consumers ...
More supply than consumption means there could be downward price pressure for cannabis in Michigan for the foreseeable future.
They noted that recent border seizures had mainly involved marijuana and ... rose from 7,330 pounds in 2020 to ... Dasgupta et al. also suggested that lower retail prices might have helped reduce ...
Prices and overall markets have also varied considerably over time. In 1997, cannabis was estimated to be overall the number four value crop in the US, and number one or two in many states, including California, New York, and Florida. This estimate is based on a value to growers of ~60% of retail value, or $3,000 per pound ($6,600/kg). [292]
The price of a joint subsequently increased to $20 to $50. In addition, sandwich bags (nickel and dime bags) of marijuana have been replaced by 1-inch-square, resealable bags containing small quantities of marijuana that sell for $20 to $35 each. Tourists typically are charged higher prices for retail quantities of marijuana than are local ...
The price per seed comes down slightly when you buy more than one seed at a time. For instance, ILGM’s BOGO deals let you buy 20 marijuana seeds for only $6 per seed . Is Buying Weed Seeds Legal?
Intentionally growing even one marijuana plant (Unlawful manufacture of marijuana), was a Class A felony in Oregon (ORS 475.856, 475.858) until July 1, 2015. Selling or giving away marijuana was an offense (Unlawful delivery of marijuana) that varied in severity and penalty depending on the amount of marijuana involved in the transaction ...