Sully has been tracking the price of good pot, and it’s clocking in between $250-500.
If pot is legalized and farmed (rather than “grown” as a cottage industry), I’d imagine that price will go down by a factor of as much as 1000. Once a bunch of Dakota farmers plant a few quarters (160 acres) of weed, the unit of measure will be the bale, not the bag. And I doubt that quality will go down much. Hydroponic vegetables just aren’t as good as those grown outdoors, and with a real market for pot, the fertilizer and seed companies will come up with strains and chemicals matched to growing conditions.
We could be the world’s reefer basket, instead we’re putting millions of people in jail.