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Totally Tunsie

(11,704 posts)
1. Well, that video didn't age well! The price of weed is dropping rapidly.
Mon Aug 11, 2025, 12:36 AM
Aug 2025
https://www.usatoday.com/story/money/2025/08/10/cannabis-weed-dispensaries-inflation-prices-falling/85555827007/

The price for an ounce of cannabis in Massachusetts plunged from $394 in 2020 to $145 in 2024, according to an analysis by the trade publication Cannabis Business Times. An ounce of weed in Michigan cost $84 in 2024, down from $419 in 2020. Maine prices dropped from $449 to $206.

Weed prices are tumbling at a time when shoppers expect to pay more for nearly everything else. Consumer prices are 24% higher, on average, than at the start of 2020, Bankrate reports.

“I’d call it a collapse,” said Ross Gordon, a policy analyst at Origins Council, a group that represents small cannabis farmers in California.

In California, wholesale cannabis once cost more than $1,000 a pound, Gordon said. “And now we’re down to maybe $250 a pound, which is below the cost of production for, certainly, the majority of small farmers.”


https://www.ack.net/business/cannabis-prices-keep-falling-is-there-an-end-in-sight/article_fa06b793-8fd4-4c2f-af13-d55ca35facf7.html
In the last four years, the retail price of cannabis in Massachusetts has plummeted by more than two-thirds.

An eighth of an ounce of pot, a typical purchase for the casual smoker, sold for about $50 on average in early 2021. Today, it goes for closer to $15, according to state data.


Great time to have moved to South Carolina - NOT!

Intractable

(1,823 posts)
3. I can report similar numbers with falling costs in southern Florida for medical cannibus.
Mon Aug 11, 2025, 01:06 AM
Aug 2025

In Florida, one has to have a medical ID card to obtain MJ from a dispensary. ID cards are easy to get.

Southern Florida is a very dense urban area and dispensaries are plentiful. Often there are several in a large shopping center.

They are constantly competing with each other, running sales on products.

Last purchase was about $12 per eighth ounce for items that were very good quality.

It's the only thing going down in price.


Totally Tunsie

(11,704 posts)
5. The video implies that weed prices are (or are about to be) "SPIKING"...quite erroneous.
Mon Aug 11, 2025, 09:53 AM
Aug 2025

One must read or watch the material, not just read the spurious headline.

tritsofme

(19,855 posts)
2. Prices in Illinois are ridiculous, it makes more sense to take a 90 minute trip to Michigan
Mon Aug 11, 2025, 12:44 AM
Aug 2025

The price difference is nuts.

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