If we weren’t lucky enough to have some of the best surf, sunshine, and Mexican food at our fingertips, you can now add the cheapest weed into the mix.
According to the 2018 Cannabis Price Index, a study compiled by Seedo, a Tel Aviv-based company that makes equipment for home growers, compared to the East Coast, cannabis is relatively cheap on the West Coast. For example, the average cost of a gram in Southern California is $8.14, while in Washington D.C., the average price is $18.08. Wholesale, NOT retail.
- New York City has the highest consumption rate of cannabis at 77.44 metric tons per year.
- Boston has the most expensive cannabis of all the cities where it’s legal, Seattle has the cheapest.
- Based on current US marijuana tax rates, New York City could generate the highest potential tax revenue by legalising weed, with $156.4 million per year.