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RE: Canada legalises recreational cannabis use

in #cannabis6 years ago

yea its interesting that it goes down seems a substitute for many, would be great if the prices werent very high though. According to Rand Corp outdoor sensimilla should be $8-10 per lb, if not below $1, and indoor $80-200 per lb.

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I think I remember reading something to the effect that placing that have legalized cannabis outright have seen the prices fall because people are allowed to grow a small amount of their own instead of having to buy 'medical'.....

yea not sure,hoepfully it becomes a fair price rand corp estimate outdoor sensimilla perhaps below $1 per pound or as high as $200 for indoor per lb

The industry is so new I'm not sure any of those estimates are accurate

Rand Corp is one of the most respected think tanks in the world, and weed is just a weed so pretty sure it's the best estimate available to the public?

https://www.rand.org/pubs/working_papers/WR764.html

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