Price of Marijuana? Is my leg being pulled?

Here are US and Canadian street prices for various grades of marijuana from NORML (including BC bud)

=http://www.420.com/ht/home/content.php?page=thmq_0504&aid=&bid=&tt=

Untrue. As Rex mentioned, it’s the difference between retail and wholesale pricing.

Think of it this way: whoever grows the weed is producing it by the pound, and it goes through many hands before it ends up in little 1-4 gram units for Joe Dimebag to buy. Every time it moves from one dealer’s hands to the next, the new dealer has to have some expectation that he can make a profit by dividing it up; otherwise, he wouldn’t be in the business.

Reloy3, what’s your location? Pot from BC goes for around $40 an eighth around here (mere hours from BC), I believe, but it could conceivably be a lot more expensive in, say, Florida.

So as a WAG lets say there’s 3 levels between 10 lb guy and dimebag guy who’s selling BC for $ 300 (average) an ounce, and (again strictly WAG) each level down approx doubles (or a bit less) the price.

$300/oz on the street for BC bud to the customer

$150/$200 oz to the street dealer

$75/$100 oz to the mid-level supplier of the street dealer (your client)

$75/ $100 x 16 oz x 10 lbs = $12,000/$16,000 worth of marijuana

150

Hmmn…Canadian Carpet Weed, $240?

What the helll is that? Can I rip up my carpet and sell it for a fortune? It has just a hint of premium dog urine in it.

What I meant when I said it was linear was that if you can buy a quarter for about $80, you can buy an eighth for $40, or an ounce for around $320. I didn’t mean linear from the guy who grows to the guy who sells it. Although, that again depends on whom you’re buying from. If it’s just a guy who grows for himself and some friends, the markup is almost non-existent. If it’s being grown “commercially” then obviously there’s the markup. But like many others have said, unless the weed was laced with something else (and that something else would still have to be pretty impressive), there’s no way any weed could go for that. Not even the so-called Government weed (which by the way, from what I could tell, was only a way to up the price on semi-decent to decent bud).

I don’t think that’s generally accurate, though. I know there are people who buy ounces (or less) and make a profit by dividing them up.

Considering that an ounce is more to carry, legally riskier, and requires a bigger investment than an eighth, why would anyone buy an ounce for $320 if he could buy an eighth for $40 - unless the eighths in question actually weigh less than 1/8 ounce, which would make the price per ounce nonlinear?

Because buying by the eighth multiplies the number of illegal transactions by eight, not to mention the transportation issue of being in a car with an illegal substance eight times more often. Thus it is less risky to make a single transaction every couple months than one transaction every week.

Labrador?

Newfoundland?

Obviously not a fan of Cheech and Chong.

I’m very glad the OP is not my lawyer.

If I were a client, I’d prefer that any issues and identifying facts about my (hypothetical non-existant) case were not cast out into the internet ether for advice. On a public message board.

Ya gonna eat all of that?

Slight hijack:

This looks exactly like the notes I make in my little notebook to remind me of the contract rider demands of national artists. And big acts regularly demand things like 100 bottles of water, twizzlers, and drugs. I’ve had artists (well, their road manager, crew leader or label rep usually) request coke, weed, hash, specific types of alcohol, and I’ve had some pretty specific requests as to ‘name brand’ and quality of illicit substances.

Part of the business. I’ve no doubt what you found there was notes of a concert promoter, or more likely his or her admin assistant.

/hijack

I think that $300-400 (tops!) is far more likely average price for an ounce of KB, name brand or not, BTW.

  1. Because an eighth is usually 50% oregano and 50% seeds and stems. Ounces usually contain much more “bud” and the buds of the plant are the preferred smoke, not the leaves.

  2. Because of #1, it’s often cheaper to buy an ounce of good weed than 8 eighths of the crappy weed that usually is the “half-quarter”. In a sense, it’s kind of like how you save more money by buying 1 roll of name-brand paper towels vs. three rolls of generic. Just as it’s not cheaper to use 4 store brand paper towels to pick up a spill instead of one Bounty towel, you get more miles out of a bag of nice weed than a cheap bag of schwag, even if it’s priced marginally higher than the schwag.

  3. In most juristictions, the risk of carrying an ounce is the same as carrying an eighth. One ounce is usually the cut-off for misdemeanor possession, so if you have a leftover roach or 1 brand new ounce, it’s all the same, legally. Of course, you could get busted by a cop that won’t bother taking you in for having a tiny amount of weed, but that’s more a function of human nature than the law.

  4. “More to carry”?? If you’re so frail that you have difficulty carrying around 1 ounce of organic material, I’d think buying drugs is the least of your problems.

<minor hijack>

How much space does 10bs of pot take up? Are we talking a briefcase or two, or a trash bag? I’m trying to get a mental picture of the “risk” factor people mentioned - the former would be easier to keep unnoticable than the latter…

Probably a medium or large sized gym bag would suffice.

A pound of schwag that was originally bricked up and then broken out for sale will fit into about a large ziploc freezer bag. Fresh KB would probably have at least double that volume or more as the buds tend to be lighter and fluffier.

So ten pounds could easily fit in a medium suitcase, or an instrument case, but not likely an attache case, unless it was still bricked up.

I’m not entirely sure because - contrary to my earlier posts in this thread - I don’t know a lot about the “wholesale” end of the drug business. Having said that, many times marijuana is compressed into bricks for transport. I imagine that it would be pretty easy to compress 10 lbs. of weed into something you could carry in a briefcase. “Fresh” weed is sticky and it would be easy to compress it under pressure. If it’s not compressed, then Ellis Dee is correct - just about any duffel bag would work.

According to US Customs Today, and what I’ve heard, “BC Bud” doesn’t contain seeds or stems:

By those figures, 10 pounds would only be worth $30,000.

No, no… good weed never has seeds (sensimilla) or stems and is always 100% bud, no oregano. It just doesn’t make good economic sense to include seeds, since then any enterprising feller could decide to grow on their own and screw buying from somebody else. And anybody can see stems in a baggie - nobody’s going to shell out good cash for a bag of weed with stems in it.
As far as the linear thing goes, most people don’t buy an ounce at a time. The general college population (which I am most familiar with) buys an eight or a quarter, sometimes a half to split among several people. There is a small price break at the ounce level, but again it’s small. An ounce is a lot of weed. If it’s serious killer bud, then you don’t need much to get high, so it lasts even longer.