Who set the standards for pot prices?

All of my smoking career i have sat back and wondered who was it that informed the whole world of prices for bud

I mean wat u pay for bud and wat other people pay are two different things as you could get ur weed from a friend cheaper than the standard price...but who made that standard price...and what about inflation, wouldnt weed just get cheaper if the prices stay the same, and if someone says to u that the prices have gone up, are you gonna believe them. I guess thats wat u get in the drug industry cause ther arnt any officials....

I really need to get to the bottom of this so could everyone post their thoughts or know what happened back then when someone decided to start selling this lovely herb?????????

The dealers and growers set the prices. The greedier people are, the higher the prices. Whenever i decide to sell bud i sell it for only slightly more than i bought it. And people are always so thankful cause its cheap. Hell if i have less than a gram sometimes i just give it away. Its almost worth it seeing how happy you make someone.

hrmm... i dont think u get my drift...

i mean shit like a 25bag or sumn, who told everyone to sell it and buy it for $25, and if it stays that price even bums could afford it in a decade or sumn when prices increas but weed

The price of weed is tied into marketfactors like supply/demand, cost of production, and (importantly) inflation. A grower/seller has to try and maximize his capital by selling the lowest quantity and the highest price the market will bear. In Portland, that tends to be 40/8th; more than that and buyers go elsewell and less then that you're not going to make a decent profit.

Quote:

---

Originally Posted by insanity

The price of weed is tied into marketfactors like supply/demand, cost of production, and (importantly) inflation. A grower/seller has to try and maximize his capital by selling the lowest quantity and the highest price the market will bear. In Portland, that tends to be 40/8th; more than that and buyers go elsewell and less then that you're not going to make a decent profit.

---

Pretty much, minus the inflation part. It's one of those things like real estate and oil that don't necessarily move with the inflation rate.

I've never been aware of standardized weed prices. Way too many variables, including just how much your dealer likes you.

Fuck it all. I'll just steal Torog's weed.

my friends mom said she used to get it for 5 bucks an ounce xD

I used to walk 20 miles to school, up hill each way, barefoot in the snow, and was thankful. I also bought penny candy for a penny.

The price of weed is set by the same thing that sets the price for most everything else. Supply and Demand, and of course the attitude of the merchant.

S i k, is your avitar a picture of you? If so, holy cow.

If not, where do I meet her?

Quote:

---

Originally Posted by Opie Yutts

S i k, is your avitar a picture of you? If so, holy cow.

If not, where do I meet her?

---

Keeley Hazell

shes an 18 yr old british supermodel with a sexy accent and 32E size boobs =|

bac n the day the 70s, u could get som lum aka columbian for 40-50 an oz. In detroit. Bout the same quality shit I'd be 55 in oregon. Oregon sensi, the top of the line shyt would be 75 an ounce. I heard all commercial in 60-70s was outdor n very potent. Also dealers us to bag up by the lids. Or the equivilent of a finger,one finger lid was bout 7grams,three fing was 21 grams and so on. I think unites stays of ahhsholes is to blame,slightly the greedy dealers but not as much as the UNITED STATES OF ASSES who are by the way prolly tapped on my tmobile n watching type. *tony montan voice* U WANNA WIT ME. HUH? HUH? I BLOW UR FAUkING BRAINS OUT!!!(if ime not loged tomorow well.. Jus know I went out like a G

Quote:

---

Originally Posted by S i k

Keeley Hazell

shes an 18 yr old british supermodel with a sexy accent and 32E size boobs =|

---

Jesus Ch- I'd hit it.

Quote:

---

Originally Posted by S i k

my friends mom said she used to get it for 5 bucks an ounce xD

---

doubt it...

if it was like in the seventies you could get a pound for easily 500 bux i think

divide by 16 and thats your oz.. i dont know how that is.. but its not 5 bux

viva bongs

Quote:

---

Originally Posted by The Grim Reefer

Jesus Ch- I'd hit it.

---

yeah lol, i made this for another site that actually lets its users wear sigs..=\ http://img72.imageshack.us/img72/6462/keeleycopy0mi.jpg


eshelmen: thats what she said, i didnt make it up, maybe she had a great hookup idk

I'm going to have to do some searches on Keeley.

Super model, oh yeah, not just a regular girl. Presidents of the USA

VA KID:
What the hell are you talking about? Are you America-bashing?

Quote:

---

Originally Posted by tokinggreg

Pretty much, minus the inflation part. It's one of those things like real estate and oil that don't necessarily move with the inflation rate.

---

So if someone is growing their bills etc stay the same like forever :confused:

Fuck it.

Everyone's retarded but me.

Quote:

---

Originally Posted by Funkamander

Fuck it.

Everyone's retarded but me.

---

Lol :thumbsup: :stoned:

Quote:

---

Originally Posted by tokinggreg

Pretty much, minus the inflation part. It's one of those things like real estate and oil that don't necessarily move with the inflation rate.

---

Inflation effects every area of the economy because of a trickle down effect.

The way that it use to go say you got a Q.P. for $150
you would sell three oz's for fifty each make your cash back
and make an oz for yourself.

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.

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!!$$$$

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.

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.

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.

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.

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.

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.