Quote:
Originally Posted by polak
No it won't. Price will go up. Dramatically.
It will be taxed and taxed heavily. It's hard to really compare pricing since there's so many variables but for example, a quarter of legal weed in Colorado costs anywhere from $50 - $105 with the average price in Denver being $75 and the average in the Mountain corridor being $96.
A quarter in Calgary currently is $60.
If having cheaper weed is your goal, than you should be heavily against legalization. Think about Alcohol and Smokes. They increase exponentially in price every time the government looks to increase tax revenue.
Will there be a blackmarket for cheap weed? Maybe at first but it will go away once more and more people who start smoking weed never go to a dealer. Think about it. When is the last time you or anyone you know of age bought blackmarket booze or smokes to save money? If you had only started to smoke after legalization would you seek out a dealer to save 10 or 20 bucks or just suck it up and go to 7-11?
Legalization will up the price, eliminate most of the criminal element and increase the quality of the product.
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And what was the price before? There are some insanely high weed prices in the US in non-legalized states. I'm not saying you're wrong and that the price won't go up. I'm just saying you can't compare our current prices to Colorado's legalized prices without knowing the pricing prior.