High Prices for Getting High Expected as Colorado Opens Legal Pot Shops
High Prices for Getting High Expected as Colorado Opens Legal Pot Shops
Demand likely to outstrip supply at first as Colorado opens legal marijuana boutiques
Employees roll joints behind the sales counter at Medicine Man marijuana dispensary in Denver, which is to open as a recreational outlet at the start of 2014.
On Jan. 1, the first legal recreational marijuana outlets will open in Colorado. And with the rise of the new legal marijuana industry comes the question of what newly legal recreational weed should cost.
As it turns out, new users might be best advised to wait a few months before buying their weed. Some experts and store-owners say that getting high in the mile high state will likely be expensive at first, with prices easing off as the supply of weed catches up to the demand from Americans hoping for their first chance to buy recreational marijuana legally.
[PHOTOS: Marijuana Through the Years]
"I do expect the price to go up at least for the first few months," says Rachel Gilette, an attorney at Colorado's chapter of the National Organization for the Reform of Marijuana Laws. "That's only because the supply is going to be very limited and the demand has just jumped massively."
Medical marijuana is already legal in Colorado, and many of the new shops will be medical dispensaries that have also obtained retail licenses. In some of those stores, retailers will set aside marijuana for medical patients, separate from that for casual users.
Continue reading at: http://www.usnews.com/news/articles/2013/12/30/high-prices-for-gett...
Replies to This Discussion
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Permalink Reply by Not mainstreamer on
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Big Pharma did not want competition and the best natural medicine was made unlegal in 1941. Every ten years the scientists tell it is a big mistake, but who cares about them. What matters is to keep people in the dark, to maintain the perception of cannabis as something like "tobacho" or "alchohol" .. That is politics.
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NIDA (National Institute on Drug Abuse) are not allowed to study medical effects of cannabis, only abuse (video 25:20).
Of course that means the conclusion will be what is assumed in the first place (Rothschild might as well have said: I do not care what science says, what matters is who is in control of the laws)
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Permalink Reply by Charles Royer Sr. on
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Drug dealer / tax man what's the Difference?
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