Recreational Marijuana Will Be Available In Washington State In July | Live Trading News

Retail recreational purchasers cannot buy more than an ounce at a time. If a retailer only wants 1 gram packages (454 grams per lb) the price per lb could triple Vs. providing oz. size packages. At ounce packages, the wholesale price will be $1,600 to 2,000 per lb. With outdoor at those prices, outdoor grown Marijuana tends to be less expensive than indoor based on the production costs, buds should in a year average between $2,200 to $2,800 lb to the retailers, who then have expenses and taxes to add. The expectation out a year that Marijuana should sell for $15 to 20 a gram to consumers with Connoisseur grade Marijuana at $25 a gram and higher.
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