Marijuana Mapped: the Price of Weed Across the U.S.

It’s comparatively low cost in Seattle, and L.A. and San Francisco are fairly aggressive, however it’s a completely totally different story on the East Coast, particularly in the nation’s capital.

We’re speaking marijuana costs, of course. According to the 2018 Cannabis Price Index, a research compiled by Seedo, a Tel Aviv-based firm that produces units for residence growers, the common value in Seattle is $7.58 a gram, whereas it’s a whopping $18.08 in Washington. In New York City, which consumes extra marijuana than another metropolis on Earth, the common worth is $10.76.

According to Seedo, the knowledge (collected in December and January) issues as a result of it helps to point out the sort of tax income that might be collected if weed was legalized — one thing that Canada plans to do later this yr. In Toronto, the place the worth is C$9.64 ($7.82), the metropolis might generate as a lot as C$152 million per yr if it levied tax at the similar fee as cigarettes, the research exhibits, whereas the Big Apple might acquire $354 million.

– Read the whole article at Bloomberg News.


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