|An eighth = 3.5 grams.|
|A quarter = 2 eighths = 7 grams|
|A half = 2 quarters = 4 eighths = 14 grams|
|An ounce = 4 quarters = 8 eighths = 28 grams|
|A pound = 16 ounces = 64 quarters = 128 eighths = 448 grams|
The Colorado Pot Guide carried out a survey in fall 2014 looking at different weed costs in the area of Colorado. Going by their previous research where they had randomly surveyed 25 stores that sold recreational marijuana in the larger area of Denver. The research also covered 10 retail weed stores.
The survey stated from the onset that theirs was not a clear science. However, they tried as much as possible to find out what the average price of flower is in each store. They intentionally chose to ignore the extremes of this survey, so they did not focus on the most expensive or the cheapest strains. From the remaining stores they came up with an average price. It is however worth noting that most weed stores rank in the high and low grade kind of strains which could represent 50%+/- the average price.
The results reported that in the beginning of 2015 there was a significant decline in the price of weed as compared to the previous report conducted in 2014. This change in price was highly accredited to the fact that there was a significant increase of between 200 and 300 percent in grow only operations in the past year. Because of this increase there is also a significant increase in supply which in effect reduces the price of a quarter of weed for consumers everywhere. Companies want to stay relevant within this competitive environment. Prices are expected to still drop further over the next months especially when an additional bilk continues to find its way into the market.
So what does this mean? There are definitely $100 ounces found in the Colorado area but a little more research needs to be done to find the right dispensary that has a price point which suits your desires, wants and importantly your budget.