Who set the standards for pot prices?
it has to do witht the growers costs. if its indoors he has to pay for soil, lights, water, heat, and all the other bullshit. also if he can get 40 for an 1/8 then he will. it all has to do with what people are willing to pay. if noone in your area will buy it for 40 an 1/8 then prices will go down. but thats not likely. its all about costs and competition. the reason it was cheeper 30 years ago was because everything else was cheeper.
Who set the standards for pot prices?
the correct answer is the consumer...we decide what we pay but we dont know it cuz we're scared to say FUCK NO! IM NOT PAYING 20$ FOR AN 1/8 OF AN OUNCE OF PLANT!!!! I NEED GAS MONEY BITCHES!!$$$$
Who set the standards for pot prices?
Quote:
Originally Posted by insanity
Inflation effects every area of the economy because of a trickle down effect.
Yeah, to some degree, but weed prices vary so much from one area to another and over time that they at any given time they aren't really related to inflation. Of course in the long run prices will go up, but it's not like the price changes 3% consistently each year.
Who set the standards for pot prices?
I had this friend who is a pretty typical person. I didn't see him for about 4 months, and I was surprised to see he lost so much weight. I asked him what happened. He said he didn't have money for both food and weed. Guess which he chose.
I think for most drugs, dealers could raise the prices to what seem like outlandish prices to us, and people would still buy them. Especially more addictive drugs like heroin. For many people drugs are first on the list, and screw everything else. They think they are not going to be happy if they don't get the drugs, so that is all that matters. Therefore if the price were $100 per eigth, there would be people that would buy it, even if they had to steal peoples TV's to do so.
Fortunalty there are still some sane people in the world who would just stop smoking if that were the case, perhaps making it harder for the dealer to make money. Supply and demand, baby.
Who set the standards for pot prices?
My friend grew a lot of weed but it was for practice and the seeds were real cheap and shitty so he sold grams for only 5 bucks.
He doesn't do that anymore but it was still cool getting quarters for only 25 even if the weed wasn't all that good. Twas low mids.
Who set the standards for pot prices?
The price of drugs have pretty much been the same since I started smoking amost 10 years ago. Was always £20 for decent skunk and still is.
Who set the standards for pot prices?
The price of weed has definitely gone up since I started smoking 24 years ago. The first time I ever bought weed I got a 1/2 of pretty good buds for $20. That was in Florida. When I moved to California a few years later though, the price was a lot higher: $25-$30 for an 1/8th. Since them prices have gone up to $45-$50 an 1/8th. So, the price of weed is definitekly tied to inflation. Maybe it doesn't move at the national rate but few things really do. Some thing go up faster and some things go up slower. When you hear something like inflation is 3% a year that's just the average.
Like others have said, supply and demand is the main factor in determining price in a given area. Another big factor is the consumer price index for a particular area. This is basically a measurent of the cost of a variety of items such as housing, food, power, etc. If the consumer price index is higher in an area the price of weed will be higher too. Take San Francisco vs. Ohio for example. I'm always hearing people from places in the South and Midwest saying we Californian's are getting ripped off because we pay such high prices for weed. What they don't realize is that everything is more expensive out here. A tiny, run down starter home with no land will cost you $700K here. You could get a fucking mansion with a couple acres for that much in Ohio or Illinois. It makes sense that the price of weed is higher here too.
Who set the standards for pot prices?
Alright fine, it was me, i told em 10 bucks a gram, course grams were bigger in them days, and 10 dollars would last you fiddy days and fiddy nights and i would still have a nickel left over for the trolley ride and an iced cream.