On Jan. 1, 2014, Colorado became the first place anywhere in the world to allow legal marijuana sales to anybody over 21 for any purpose. In 2015, there has been a 200-300% increase from the previous year of ‘grow only’ operations that supply many recreational dispensaries with their product. In fact, this extreme growth often leads to an oversupply, which automatically results in lower prices for consumers, as dispensaries compete for recreational users.
- A gram of flower averages: $13.50 – $16
- A 1/4 oz of flower averages: $72-$78
- A gram of concentrates averages: $45-$55
- An edible averages: $20