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Post: Map Shows States Where Cannabis is Most Expensive

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Map Shows States Where Cannabis is Most Expensive
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Cannabis prices in the U.S. vary widely from state to state, with consumers and producers experiencing different market dynamics based on local regulations and supply conditions.

Data from global price index site priceofweed.com shows the average cost of high-quality cannabis ranges significantly across the U.S., reflecting the diverse legal landscapes and market conditions in different states . For instance, consumers in California pay an average of $300 per ounce, while prices in Oregon are closer to $210 per ounce. In the nation’s capital, weed is nearly $600 per ounce on average.

States with stringent regulations or limited access often see higher prices while states with legalized recreational use tend to have lower prices due to increased competition and supply.

The map below shows where cannabis is most and least expensive, and details the legal status of the drug in each state, and the District of Columbia. "With federal prohibition and uncertainty regarding the legality of interstate commerce with federal prohibition, each state acts as it’s own individual market," Rosalie Pacula told Newsweek.

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I want to receive special offers and promotions from NewsweekBy clicking on SIGN ME UP, you agree to Newsweek’s Terms of Use & Privacy Policy . You may unsubscribe at any time.Pacula holds the Elizabeth Garrett Chair in Health Policy, Economics & Law at the University of Southern California, and is an expert on cannabis policy."When one state decides to license only a small number of businesses (so as to tightly regulate) and another states decides to let the number flow freely, that immediately sets up different levels of market competition within the state," she explained."A second reason for the price differences is the length of time (in years) with a functioning competitive wholesale and retail market.""State legalization would cause the price to drop by as much as $80 on the wholesale level, and those drops have been shown to be true in all the more mature markets (Canada, California, WA and Colorado). Less mature markets are likely to […]

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