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Earlier quoted context omitted.
No, in the text he says the $10 refer to 1 gramme.
Is cannabis routinely cut, as hard drugs are? I can't imagine it would be terribly hard to find similarly-burning vegetation to dilute the amount of product in a fixed-weight bag at a level undetectable to the average buyer.
Earlier quoted context omitted.
No, in the text he says the $10 refer to 1 gramme.
Is cannabis routinely cut, as hard drugs are? I can't imagine it would be terribly hard to find similarly-burning vegetation to dilute the amount of product in a fixed-weight bag at a level undetectable to the average buyer.
Earlier quoted context omitted.
I remember when a candy bar was 1/2 today's size. Everywhere you go it's "supersized this" and "supersized that". Even snickers bars are 2" longer, 1/2" thicker, and 1/2" wider than they used to be.
I think you are mistaken. Perhaps you're thinking of the "king size" version which costs more? http://www.candyblog.net/blog/item/rising_cost_of_candy/
Also as someone who used to know the economics of weed, there are nickel, dime, and dub ($20) bags. This is for people like high school kids and street drug dealers that sell at this level though. I would add that you can probably buy dime bags from the hippies in Golden Gate Park SF, but that feels much more like a crack deal than some legitimate transaction.
You can also grab a quarter (1/4 of an ounce) but it's not going to cost you $25 ... it will cost you more than $100.
I love how this was good enough to be published in the Financial times even though it was wrong. There's a reason that the Freakonomics guys went and lived with the crack dealers: they wanted actual research, not second hand rumors.
I don't get why the response claims that the fixed price makes weed a stable currency. In principle, it just pegs weed to the dollar, right?
The times they are a-changin'.
* Edit: Made my initial point less ambiguous.
The answer is actually in the question. The questioner is accustomed to paying $10 for one gram. There was a time when the traditional "dime bag" was 1/10th ounce, or nearly three grams. The $10 price point has "stuck," but the grocery shrink ray strikes all products. Remember when a $1 candy bar was twice today's size?
Your age is showing. There was a time when a dime bag was 1/4th of an ounce. And I'm sure somebody even older than me is going to chime in with a recollection of an even more outrageous price.
Times have changed!
Interestingly enough, the price at the dispensaries seems to be about what street prices were before the medical marijuana dispensaries became so prevalent, maybe even a tad lower.