Pricing Trends Since the 1970’s Have Been Impacted in Several Ways
Unlike most things in our lifetime and especially now, prices of good and services that we use on a daily basis has continued to rise.
Interestingly, the price to purchase an ounce of cannabis is on par with where it was 20+ years ago and materially less than it was in the 1990’s.
Factors Influencing Price Changes
- Legalization: The shift from illegal to legal markets in various states has affected supply chains, taxation, and pricing structures.
- Cultivation Techniques: Advancements in indoor and hydroponic growing methods have led to higher-quality products, impacting prices.
- Market Competition: An increase in licensed dispensaries and growers has introduced competitive pricing, especially in states with mature markets.
- Taxation and Regulation: State-imposed taxes and regulatory costs can elevate retail prices, varying significantly across states.
| Decade | Average Price per Ounce | Notes |
| 1970s | $10–$20 | Primarily low-potency, seed-filled marijuana; prices varied regionally. |
| 1980s | $15–$100 | Introduction of sinsemilla increased prices; quality and potency improved. |
| 1990s | $80–$400 | High-quality strains became more prevalent; prices varied widely based on quality. |
| 2000s | $150–$300 | Medical legalization in some states; increased indoor cultivation. |
| 2010s | $200–$350 | Recreational legalization in several states; market expansion. |
| 2020s | $150–$320 | Market stabilization; prices influenced by state taxes and regulations. |
Today’s cannabis is stronger and cheaper. Enjoy the evolution of today’s quality and pricing!
Remember to stick with lab-certified cannabis!