The East Coast Gets Ripped Off for Pot
December 19th, 2006 by Alex
Yesterday, Gawker posted an article titled, $560 Per Oz. Pot “Most Expensive In City History?”
Now, it shouldn’t surprise most people that certain people in the marijuana business are highly familiar with the metric system. They’re also not too shabby at math. Why? Pot is big business and the numbers involved can make you rich.
So, when reading about $560/oz for marijuana, I couldn’t help but take some notice. Gawker talks about the original article in a newspaper and then asks readers for verification of the pricing. Their update included this quote:
Just for the record, most weed of this caliber sells for $600 an ounce an up all day long. Tell ya the truth $560 is a good deal. You could buy that, sell 1.5g’s for $50 and still turn a profit and get yourself some free bong hits. (The math: you get 18 1.5g’s from a standard 28g oz. 18 x $50=$900 …. 900gross-560cost=$340 profit per ounce) Same with Diesel, another popular brand. And it’s not called Purple Haze, it’s just Haze, what dipshits. Not to mention, it’s the Kush that is killing shit right now, selling for upwards of $8k a pound. Not that I would be an expert of anything, just sayin’.
That totals out to $840, $600, $540 and $500 respectively. And that’s retail, not wholesale. You can get better prices than that with a hookup. If you want to drop down a little, it approaches $320-350 an ounce for high quality buds.
Bottom Line: If you’re paying $560/oz for weed, you’re getting ripped off.
