Quote:
Originally Posted by HOOT
You can't be serious...
And $2.7m is just a made up number that is over 1300lbs of weed sold at $2,000/lb. It must be a pretty massive house to be producing 1300lbs lol
|
Legalization of marijuana would result in controls, taxes, and corporate market shares. All would lead to a substantial increase in price. 10x is an exaggeration, but it would get a looooot more expensive if it was ever legal. Take a look at what has happened to cigarette and booze prices for a measure.
As for the estimates. The problem with the estimates has more to do with the return than the amounts. A healthy marjijuana plant can probably grow a 1 lb/ year pretty easily. The problem is they always use "street value" when measuring the value of drugs. The people moving bulk amounts are not going to stand on the corner with dime bags. They are moving volume so probably getting less than $1,000.00 per pound.