You could get up to two grams of cannabis if you’re willing to settle for mid-grade marijuana . Otherwise, you can expect approximately 1.5 grams of top-quality herb. What Are the Factors That Impact the Price of Marijuana? Although you may not use the terms nickel, dime, or even a dub sack any longer, it is important to understand the reasons why the price of weed varies so significantly from state to state. At the beginning of the year, you could purchase an ounce of medium quality weed in Colorado for approximately $200.
Meanwhile, in Washington D.C., it could cost you more than $500! It seems obvious, but let’s reiterate the point: If weed is legal recreationally in a state, it should be cheaper than in a state where cannabis is only legal for medicinal purposes . If you live in a state where it is outlawed, you will probably pay triple the normal price. There are several other factors to consider, however. If you live in a ‘legal’ state, you can purchase marijuana from a licensed and registered dispensary. In a state where it is illegal, you have no choice but to go on the black market. When you buy from a dealer on the street, there is no telling what you’re getting, and the cost could be sky-high. In contrast, dispensaries are legally obligated to follow strict guidelines. In one sense, you may have to pay more from a licensed seller because they have to pay staff, taxes, and don’t receive the kind of tax breaks and other benefits afforded to other businesses.
Therefore, their overheads dictate their price points. The old saying “buy cheap and pay twice” has never been more applicable than with marijuana. While you may find a black-market dealer who sells you cheap weed, you are probably getting schwag compared to the top-shelf bud you’ll find in a dispensary. Let’s say an eighth costs $35 in a dispensary – perhaps you’ll get it for $25 on the street. However, while you get your $35 worth in the store, the dealer might be selling you the dregs which has a ‘real’ value of about $7. If you’re lucky, you live in a location where there are several dispensaries near one another. This level of competition should ensure that weed prices remain reasonable in your locality. Did you know that dispensaries sometimes engage in ‘flash sales’? Store X may lower the price of a quarter of Blue Dream for the whole day to entice customers. Store Y feels as if it has no choice but to reduce the price of an eighth of Strawberry Cough temporarily. This is a great way to save money if you’re not fussy about the marijuana strain you buy. If you live in a state where cannabis is legal, you must pay state and sales taxes. Depending on the state, there may also be a local tax which can vary by location and can also be dictated by the dollar amount you spend. In Colorado, for example, you have to pay a 2.9% retail tax, a 15% sales tax, and a 15% excise tax which is based on the average market rate of the weed. Medicinal marijuana in Colorado is NOT subject to the 15% sales tax. The wholesaler pays the excise tax, but they will pass on the cost to you. Marijuana taxes vary all over the country, so check out the situation in your state. It should go without saying that high-quality weed costs much more than low-grade rubbish, but you may not realize that you can save money by purchasing marijuana at a specific time of year. The majority of cannabis plants grown outdoors are ready for harvest between the end of September and October. In the weeks following a successful harvest, prices could decrease as the supply increases.
Therefore, if you have the money to purchase your weed at that time, and the means to store it, it could be worth buying in bulk. However, an increasing number of breeders are cultivating marijuana indoors which eliminates specific harvest times. In years to come, the timing of your purchase may no longer be important. Finally, the method of growing marijuana alters the price. Cannabis that is grown outdoors is cheaper to produce because nature regulates the light, soil, water, and temperature. Indoor growers will have enormous lighting bills, and must also pay for nutrients, fans, and a host of other equipment. Indoor weed can also be produced to a better standard so overall, organic indoor-grown marijuana will be far more expensive than the same strain of outdoor-grown weed. Final Thoughts on a Dime of Weed & the General Cost. The terms ‘nickel’, ‘dime,’ and ‘dub sack’ of weed are antiquated terms, and you probably won’t hear anyone ask for them in a dispensary.
Although there are stores that can sell you $10 worth of cannabis, they won’t call it a dime bag! In general, you will purchase your marijuana in grams.