How much is 80 dollars of weed
- With a total of 156, Los Angeles (USA) has the most headshops .
- Madrid, Spain has the largest amount of growshops, with a total of 68.
- Tokyo, Japan has the most expensive cannabis , at 32.66 USD per gram, while Quito, Ecuador has the least expensive marijuana , at 1.34 USD per gram.
- Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed , with 156.40 million USD per year. New York City also has the highest consumption rate of cannabis, at 77.44 metric tons per year.
Results are also available in Euros and British Pounds upon request.
Berlin, Germany, 20/04/2018 – ABCD, a data-driven media campaign outlet, has released new data which reveals the number of marijuana head and growshops in 120 cities around the world. This research, which builds on the 2018 Cannabis Price Index released earlier this year, reveals which locations around the world are ready to embrace cannabis legalisation. The aim of the study is to illustrate the continuous need for legislative reform on cannabis use around the world, and to determine if there are any lessons to be learned from those cities at the forefront of marijuana legalization. By including extra data on the number of head and growshops in each city, this new research can be utilized to indicate which cities are prepared for an imminent cannabis reform, while also highlighting which cities are in opposition of marijuana legalisation.
The initial study began by selecting 120 cities across the world, including locations where cannabis is currently legal, illegal and partially legal, and where marijuana consumption data is available. Then, they looked into the price of weed per gram in each city. To calculate how much potential tax a city could make by legalising weed, ABCD investigated how much tax is paid on the most popular brand of cigarettes, as this offers the closest comparison. They then looked at what percentage marijuana is currently taxed in cities where it’s already legalised in the US.
ABCD decided to conduct the extra research in order to to further the discussion around the medical and recreational use of cannabis, and the potential industry and business opportunities that would follow legalisation. By identifying the number of headshops as well as growshops, this study serves as an indicator to a city’s existing cannabis infrastructure and willingness to accept such reform on a larger scale. As an indicating factor, the more head shops and grow shops a city has, the more positive their state’s and general public’s attitude towards the cannabis-related industry is likely to be.
The table below reveals a sample of the results for the 13 US cities featured in the study:
|#||City||Legality||Price per gram, US$||Taxes of cigarettes, % of the most sold brand||Total possible tax collection, if taxed at cigarette level, mil US$||Total possible tax collection, if taxed at average US marijuana taxes, mil US$||Total Consumption in metric tons||Number of Headshops||Number of Growshops|
The table below shows the top 10 most and least expensive cities for cannabis :
|#||City||Country||Legality||Price per gram, US$|
|#||City||Country||Legality||Price per gram, US$|
N.B. These tables are a sample of the full results. To find the complete results for all 120 cities, please see the bottom of the page.
The table below shows the top 10 cities who could generate the most potential tax by legalising cannabis, if taxed at the same rate as the most popular cigarette brand:
|#||City||Country||Legality||Price per gram, US$||Taxes of cigarettes, % of the most sold brand||Total possible tax collection, if taxed at cigarette level, mil US$|
N.B. % of cigarette tax refers to the tax percentage on the most popular brand. Possible tax revenue refers to the total possible tax collection per year, if taxed at cigarette level. For a full explanation of how the study was conducted, please see the methodology at the bottom of the page.
The table below shows the top 10 cities who could generate the most potential tax by legalising cannabis, if taxed at the average US marijuana tax rate:
|#||City||Country||Legality||Price per gram, US$||Total possible tax collection, if taxed at average US marijuana taxes, mil US$|
N.B. Possible tax revenue refers to the total possible tax collection per year, if taxed at average US marijuana tax rate.
The table below shows the top 10 cities with the highest and lowest consumption of cannabis, per year:
|#||City||Country||Legality||Price per gram, US$||Total Consumption in metric tons|
|#||City||Country||Legality||Price per gram, US$||Total Consumption in metric tons|
|2||Santo Domingo||Dominican Rep.||Illegal||6.93||0.16|
N.B. Total consumption is calculated per annum.
“The way that the legalised cannabis industry is rapidly evolving alongside new technologies shows how innovative emerging tech companies are today.” says Uri Zeevi, CMO at Seedo. “Take the way that cannabis and cryptocurrency have joined forces, with examples such as HempCoin or nezly, which manage processes and payments in the new marijuana industry. When you consider too the potential that these new technologies have to disrupt the cannabis industry, there’s no denying that these are very exciting times.”
“At Seedo, we’ve built technology that helps regular smokers to grow cannabis plants of the utmost quality from the comfort of their own home, avoiding pesticides and taking ownership of their personal supply.” says Uri Zeevi, CMO at Seedo. “We believe that by understanding the cost of weed around the world, we can help to educate smokers about the potential financial benefits of hydroponic growing technology.”
“That illegal cannabis use is so high in countries that still carry the death penalty, such as Pakistan and Egypt, those in power ought to see how desperately new legislation is needed.” comments Uri Zeevi, CMO at Seedo. “By removing the criminal element from marijuana, governments will then able to more safely regulate production, take away power from underground gangs, and as we’ve shown in this study, generate huge tax revenues.”
Publishers are allowed to publish this data and graphics; we kindly ask that you give credit to the source: Seedo
Do not hesitate to reply to this email for any further inquiries.
Spokespeople from Seedo are available for phone and radio interviews.
Please contact [email protected] for further information.
About “Seedo” : Seedo is a fully automated hydroponic growing device which lets you grow your own medicinal herbs and vegetables from the comfort of your own home. Seedo controls and monitors the growing process, from seed to plant, while providing optimal lab conditions to assure premium quality produce year-round. Seedo’s goal is to simplify the growing process, making it accessible for everyone, without compromising on quality.
The full results of the 2018 Cannabis Price Index:
|#||City||Country||Legality||Price per gram, US$||Taxes of cigarettes, % of the most sold brand||Total possible tax collection, if taxed at cigarette level, mil US$||Total possible tax collection, if taxed at average US marijuana taxes, mil US$||Total Consumption in metric tons||Number of Headshops||Number of Growshops|
|88||San Jose||Costa Rica||Partial||7.23||69.76||7.84||2.11||1.56||0||1|
|91||Santo Domingo||Dominican Rep.||Illegal||6.93||58.87||0.67||0.21||0.16||1||0|
|106||Cape Town||South Africa||Illegal||5.82||48.8||2.47||0.95||0.87||12||4|
|109||Rio de Janeiro||Brazil||Partial||5.11||64.94||28.82||8.33||8.69||14||2|
- New York City, USA has the highest consumption rate of cannabis , at 77.44 metric tons per year.
- Boston, USA has the most expensive cannabis of all the cities where it’s legal , at 11.01 USD, while Montevideo, Uruguay has the least expensive at 4.15 USD.
- While Tokyo, Japan has the most expensive cannabis of all cities where it’s illegal, at 32.66 USD, Jakarta, Indonesia has the least expensive at 3.79 USD, despite being classed as a Group 1 drug with harsh sentences such as life imprisonment and the death penalty.
- For cities where cannabis is partially legal, Bangkok, Thailand has the most expensive at 24.81 USD, while Quito, Ecuador has the least expensive at 1.34 USD.
- Bulgaria has the highest tax rates for the most popular brand of cigarettes, at 82.65%, while Paraguay has the lowest, with rates of 16%.
- Cairo, Egypt would gain the most revenue in tax if they were to legalise cannabis and tax it as the same rate as cigarettes, at 384.87 million USD. Singapore, Singapore would gain the least, at 0.14 million USD, due in part to the city’s low consumption of marijuana at 0.02 metric tons per annum.
- Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed, with 156.4 million USD per year . Singapore, Singapore would gain the least, at 0.04 million USD.
Selection of the cities: To select the cities for the study, Seedo first looked at the top and bottom cannabis consuming countries around the world. Then they analysed nations where marijuana is partially or completely legal, as well as illegal, and selected the final list of 120 cities in order to best offer a representative comparison of the global cannabis price.
How much is 80 dollars of weed With a total of 156 , Los Angeles (USA) has the most headshops . Madrid, Spain has the largest amount of growshops, with a total of 68. Tokyo,
How much does weed cost: grams, quarters, ounces and pounds, Know What You should be Paying
March 29, 2018 By Bud Durden
How much does weed cost
There is a lot of weed being smoked since 2016 when a report by “Arcview” stated that $53.3 billion dollars were spent on cannabis by North Americans. Since 2016 more states and even countries have stepped up to the legalization line and the 2017 number for the amount of weed purchased has increased by 33%. That’s a massive increase in weed purchasing and tax revenue. These numbers are based on the estimated total of legal and illegal weed sold in North America per year. Due to the massive shifts in the medical marijuana market, the price of marijuana is going down! So just how much does weed cost in your neighborhood.
Update 2019: Legalization has gained ground in the US and has become legalized or medically legalized in many countries such as Canada. Yes, Canada, home of the beaver, basketball, and currency made out of heavy coins called “Loonies”. Usage is exploding through the world but in counties like Canada, it’s caused the prices to start skyrocketing. How much are you paying?
How Much Does Weed Cost Where You Live? (Anonymous Survey)
The street value of cannabis Crowdsourced anonymously by the consumer. Please submit your latest cannabis transaction.
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Average Weed Prices in: n/a
|Quality||Average Price/OZ||# of Contributors|
No data available
Most popular States/Provinces
- New York
- United States
- United Kingdom
- Puerto Rico
Grow Your Own Cannabis For Just $3 per gram: An easy to follow guide
As cannabis became legalized and people started hearing about the massive tax revenues being generated It really shocked people. No one realized just how much weed was getting smoked in North America. So, what does weed cost in your area? We would like to put together an international price index for medical marijuana as well as weed from the black market.
I live in Canada in sort of a pre-legalization limbo. In July 2018 cannabis will be legalized in all of Canada and the prices will change for sure. Currently, if I needed to order weed from a dealer or from a semi-legal online dispensary I would be paying about $240 per ounce of top-grade cannabis and about $200 per ounce for mid-grade cannabis. I believe that’s near the top of the expensive weed scale, what do you think?
TIP: Always weigh your weed, it only takes a second and you’ll know if you are being ripped off instantly. A cheap digital scale will do just fine. If you are getting shorted find a new source, don’t confront your drug dealer! If it’s from an online source you can complain to the company and leave a bad review.
Top 5 Beginner Strains For New Growers Click Here
Average Price for a Quarter of Weed
With more states and provinces legalizing cannabis more growers have come online and caused the prices of cannabis to fall in recent times. A report on Bloomberg.com states that “the increasing supply of legal marijuana is turning into a major buzz kill for growers as prices plunge”. As more illegal growers convert their grows over to legal the amount of cannabis on the market is only going to grow.
It’s said that in Colorado or as I like to call it weed central that the price of wholesale weed has fallen an average of 48% to $1300 a pound for premium weed. How much does weed cost where you live?
Buy weed online in Canada now!
California-based Arcview Group a cannabis investor consortium tells its members to expect cannabis prices to continue to fall and that this should be planned for in all new business plans for people growing as a business. As agricultural technology advances due to this new gold rush expect the cost of production to fall and the amount of production to keep rising and pressuring prices.
As we enter into 2018 several states have legalized to at least some degree and all of Canada will move to legalize weed by July 2018; we decided to look at how the cost of weed has been affected by the increased consumption rates.
Just like in real-estate it all comes down to location, location, location. If you are living in a very weed unfriendly state such as Kentucky, where a small-time dealer could catch 2 to 4 years for a simple weed deal the prices are high. There are risks, transportation issues and more middlemen involved in the transaction to get that weed to the state in the first place.
If you are lucky to live in and around Colorado where cannabis business has to fight and undercut their prices to gain customers the price falls substantially. The network of growers is large and built up so there is more capacity then need at this point. The same goes for California, they have more weed then they can sell which of course leads to low prices.
If you live in a place where medical cannabis is legal then you can likely get cannabis for even less money because medical cannabis is taxed less, then recreational. How much does weed cost in your state?
Remember I’m basing my price estimates off California and Colorado weed prices, not street prices.
Save Massive Money By Growing Your Own, Find Out How Click Here
Weed Prices – Grams to Ounces
Remember like anything economies of scale are in play when buying cannabis. That just means that the more cannabis you buy at once the better deal you get on the price of that weed. Bigger buys mean smaller costs.
How Much Does a Pound of Weed Cost?
Lets just set the record straight here so people that aren’t from California or Colorado understand that you can’t just walk into a dispensary and order a pound of weed. There are restrictions and in both these states that restriction is one ounce per person per visit. You need to have a store, so you can buy from a wholesale producer. Out on the black market in most US states where cannabis is not legal the cost of a pound of weed is between $2000 to $4000 per pound depending on the quality of the product. On average expect to pay $2K to 3K per pound.
If you are wondering how a pound breaks down into grams of weed; there are 453.59 grams in a pound. So, make sure you weigh your weed and don’t get shorted on that half gram.
How Much Profit is in Selling a Pound of Weed?
Remember economies of scale, the larger portion you buy the cheaper the price. Let’s say you are going to sell a pound of weed and your going to sell it all in 1/8ths of an ounce. Depending on the selling price of an 8th in your area you could stand to make $6400 at $50/8th.
How Much Does a Half Pound of Weed Cost?
A half-pound of weed if you’re lucky enough to find it costs between $1200 and $1800 dollars depending on where you get it. As you buy less cannabis the price becomes less attractive, but even a half-pound of weed can be broken down for big profits.
How Much Does an Ounce of Weed Cost?
Well, let’s get out or fingers and toes and do the math on this. If your average pound of weed costs $2000 per pound you can break that down into 16 ounces that come out to be about $125 per ounce but on the black market, you would be looking at more like $160 to $180 per ounce.
How Much Does a Half Ounce of Weed Cost?
So, if we keep moving along with the simple math a half-ounce of weed will cost between $80 and $100 dollars. Street costs would be more like $100 to $140 per half an ounce. You really do start to pay more with the smaller amount purchased. The more you buy the more you save. Remember you can store cannabis for very long periods of time.
How Much Does a Quarter of Weed Cost?
A quarter ounce of weed costs about $60 to $100 at a dispensary. On the streets, you would be looking at more like $80 per quarter ounce.
How Much Does an Eighth of Weed Cost?
OK, people get confused about what an 8th of weed is. An 8th of weed weights 3.5 grams and will run you between $25 to $35 dollars at a dispensary and an 8th ounce of weed on the street will cost about $40 to $50 bucks. Please leave a comment below if you pay another amount and include your location. I’d love to build a whole database of cannabis costs by region.
What’s the Average cost of an ounce of weed in the four states where weed is legalized or decriminalized which are Washington, Oregon, Colorado, and Alaska? In these states, the price of an ounce of weed has fallen below $300 per ounce where the nationwide average is $325 per ounce. In Colorado where there is more weed then can be smoked you can buy an ounce of weed for $240. How much does weed cost near you?
Highest Yielding Strains Indoors: We report the Biggest Buds Available Click Here
How Much Does a Gram of Weed Cost?
Typically, a gram of weed is the smallest amount of cannabis you can buy. Since it’s the smallest amount the price is highest. A gram of weed will cost you between $10 and $12 per gram. How much does weed cost near you?
What is a Dime Bag?
A dime bag is a bag of weed for $10 dollars. The amount of weed you get in a dime bag is generally less than a gram but enough to roll one joint.
Buying weed using our cannabis price index will help you get the best quality weed for the money.
There are many factors affecting the cannabis price index which directly effects what weed really cost in your area. How much does weed cost in your location?
Most Popular Medical Marijuana Strains
- Green Crack By Crop King
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What about THC oil concentrates?
I will be completing research and testing on a selection of cannabis oil products in the coming months and will be posting reviews fo the best THC concentrate options available. We’ll be investigating the uses, benefits and side effects of THC concentrates such as RSO oil, oil capsules, tinctures, and vape products.
We would love to hear from people about how much weed they buy and what you are paying for it where you live. Please help us out and post!
How much does weed cost: Grams, Ounces and Pounds, Know What You Are Paying? Don't get ripped off when you are buying weed.