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$200/oz is hard proof that medical marijuana(MMJ) has driven down prices. I live in Colorado and used to be friends with the proprietor of an MMJ dispensay and he used to buy it for $4000 a pound or $250 an ounce and that was their per pound wholesale price. It was common when the MMJ businesses were starting up in CO for dispensaries to sell for ~$400 an ounce and grams at $20 which I believe was mostly comparable with street prices. The prices were driven down as more and more dispensaries entered the market and the competition became more fierce as a result of the market saturation to the point where they were advertising sub-$10 grams and sub-$200 ounces.

That $200/oz price may not be cheap to you, but it is half of what it used to cost and less than half of what these hippies can make selling it in New York.



Northern California wholesale prices are more in the $600-1500/pound range now. It used to be...$2500-3500/pound about 10 years ago.




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