Legalization could slash the price of pot 80%

[cowgirl1]

Researchers associated with the Rand Corp.'s Drug Policy Research Center said Wednesday that not much is certain about the potential impact of Proposition 19 except that the price of California's choicest weed could plunge more than 80%, down from $300 to $450 per ounce to about $38.

"That's a significant drop," said Beau Kilmer, co-director of the center. "We're very clear about the fact that the price will go down."


Legalization could slash the price of pot 80% - latimes.com

I hope Colorado does it one day and soon and the price drops to 25 dollars and ounce and puts all these dispencaries out of business that backed Romer.