Results 1 to 13 of 13

Thread: High Prices for Getting High Expected as Colorado Opens Legal Pot Shops

  1. #1

    High Prices for Getting High Expected as Colorado Opens Legal Pot Shops

    http://www.usnews.com/news/articles/...egal-pot-shops

    On Jan. 1, the first legal recreational marijuana outlets will open in Colorado. And with the rise of the new legal marijuana industry comes the question of what newly legal recreational weed should cost.

    As it turns out, new users might be best advised to wait a few months before buying their weed. Some experts and store-owners say that getting high in the mile high state will likely be expensive at first, with prices easing off as the supply of weed catches up to the demand from Americans hoping for their first chance to buy recreational marijuana legally.

    "I do expect the price to go up at least for the first few months," says Rachel Gilette, an attorney at Colorado's chapter of the National Organization for the Reform of Marijuana Laws. "That's only because the supply is going to be very limited and the demand has just jumped massively."

    Medical marijuana is already legal in Colorado, and many of the new shops will be medical dispensaries that have also obtained retail licenses. In some of those stores, retailers will set aside marijuana for medical patients, separate from that for casual users.

    "I did talk to a retailer yesterday who had just set his price points, and they were about double of what you have been able to get medical on the market for the last year," says Gilette. "So it is going to be more expensive at least for the foreseeable future."



  2. Remove this section of ads by registering.
  3. #2
    Supply & Demand... but how much of the final costs to the consumers are attributed to; regulations, fees, & taxes?
    The American Dream, Wake Up People, This is our country! <===click

    "All eyes are opened, or opening to the rights of man, let the annual return of this day(July 4th), forever refresh our recollections of these rights, and an undiminished devotion to them."
    Thomas Jefferson
    June 1826



    Rock The World!
    USAF Veteran

  4. #3
    Licensed Taxed and Regulated=/=Free market or legal.

    who is really surprised?
    Liberty is lost through complacency and a subservient mindset. When we accept or even welcome automobile checkpoints, random searches, mandatory identification cards, and paramilitary police in our streets, we have lost a vital part of our American heritage. America was born of protest, revolution, and mistrust of government. Subservient societies neither maintain nor deserve freedom for long.
    Ron Paul 2004

    Registered Ron Paul supporter # 2202
    It's all about Freedom

  5. #4
    If it ends up costing more than illegal drugs then something is really wrong with the law

  6. #5
    well you can also grow up to 6 plants without a license, so they may end up starting an old fashioned green grow project up there by this

  7. #6
    Quote Originally Posted by juleswin View Post
    If it ends up costing more than illegal drugs then something is really wrong with the law
    And there will still be a black market for it.
    "When a portion of wealth is transferred from the person who owns it—without his consent and without compensation, and whether by force or by fraud—to anyone who does not own it, then I say that property is violated; that an act of plunder is committed." - Bastiat : The Law

    "nothing evil grows in alcohol" ~ @presence

    "I mean can you imagine what it would be like if firemen acted like police officers? They would only go into a burning house only if there's a 100% chance they won't get any burns. I mean, you've got to fully protect thy self first." ~ juleswin

  8. #7
    Quote Originally Posted by CaseyJones View Post
    well you can also grow up to 6 plants without a license, so they may end up starting an old fashioned green grow project up there by this
    the high prices would encourage that behavior.
    rewritten history with armies of their crooks - invented memories, did burn all the books... Mark Knopfler

  9. #8
    High prices or not, I bet every one of these shops is busy as hell tomorrow.



  10. Remove this section of ads by registering.
  11. #9
    As it turns out, new users might be best advised to wait a few months before buying their weed.
    Poorly written line. "New users" probably aren't going to be rolling up blunts, they will buy a $20 gram and it will get them stoned off their ass at least twice if not many more times. Still much cheaper than going out and buying micro brews at a bar.

    It's more like, "As it turns out, those with black market or medicinal cannabis connections may be best advised to wait a few months before buying their weed at a retail outlet."
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  12. #10
    Quote Originally Posted by dannno View Post
    Poorly written line. "New users" probably aren't going to be rolling up blunts, they will buy a $20 gram and it will get them stoned off their ass at least twice if not many more times. Still much cheaper than going out and buying micro brews at a bar.

    It's more like, "As it turns out, those with black market or medicinal cannabis connections may be best advised to wait a few months before buying their weed at a retail outlet."

    this.
    rewritten history with armies of their crooks - invented memories, did burn all the books... Mark Knopfler

  13. #11
    article says 320 an oz as most expensive stuff at one place, not that bad. About the same or cheaper than medical at a dispensary here in Arizona.

  14. #12
    Quote Originally Posted by jkob View Post
    article says 320 an oz as most expensive stuff at one place, not that bad. About the same or cheaper than medical at a dispensary here in Arizona.
    12/gram for premium quality is better than black market prices here.
    in this region, people ask for 25/gram for premium quality.
    of course, the supply is very limited.
    rewritten history with armies of their crooks - invented memories, did burn all the books... Mark Knopfler

  15. #13
    Quote Originally Posted by juleswin View Post
    If it ends up costing more than illegal drugs then something is really wrong with the law
    Look for a moment at Tobacco prices. The Law creates the Black Market.

    ---

    I think the prices will be like many Stocks that go public that are improperly valued. Prices may not start off at appropriate values, but with Free Market, would eventually find its own balance to determine a real price. Govt intervention does nothing but screw up the Free Market.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



Similar Threads

  1. High Demand: Price of legal marijuana soars in Colorado
    By CaseyJones in forum U.S. Political News
    Replies: 22
    Last Post: 01-03-2014, 07:55 PM
  2. Replies: 28
    Last Post: 05-22-2011, 11:00 AM
  3. CNN Host Ali Velshi's Answer To High Oil Prices Is.....Even Higher Oil Prices !
    By Immortal Technique in forum U.S. Political News
    Replies: 7
    Last Post: 05-01-2011, 06:55 PM
  4. $350 million high school finally opens in LA
    By voytechs in forum Education Freedom
    Replies: 13
    Last Post: 09-06-2008, 11:50 AM
  5. So why are gas prices so high?
    By krott5333 in forum Ron Paul: On the Issues
    Replies: 8
    Last Post: 11-07-2007, 07:39 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •