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Why is a bag of weed always $10 (man)?

timharford.com

71–80 of 82 posts

Re: Why is a bag of weed always $10 (man)?

#71
It's really simple.

The increase in potency strongly correlates with the increase in inflation.

He is probably holding quality as a fixed constant, so the real price goes down as the products relative inferiority increases, and the increase in nominal price due to inflation cancels it out.

edit: (man)

Re: Why is a bag of weed always $10 (man)?

#72
IANAPothead, though I do pick up once or twice a year for concerts and to be a good host.

By far the mode price I've encountered for 1/8 oz (3.5g) is $25; $30 if something very special (though this is in Southern Ontario and British Columbia, and I've apparently been spoiled for quality). Seeing this hold so exactly when I moved from Toronto to Vancouver was my delightful first real encounter with communication-without-intent through large-scale dynamic systems.

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Epilogue: somehow, I keep ending up being very good friends with small-time drug dealers, and Apple employees.

Re: Why is a bag of weed always $10 (man)?

#73
post #54

Earlier quoted context omitted.

Yeah, I've heard it both ways - I don't know what the original origin of that term is.

"Kine" means Excellent in Hawaiian, Which would make more sense than saying Kind/Friendly bud. Highest rated urban dictionary definitions for "Kind Bud" also state and correct this common mistake.

Sounds good to me. By the time I first heard this in person, people were saying 'kind bud' most definitely, though - so it has a place the vernacular in that form. Slang is a funny thing.

Re: Why is a bag of weed always $10 (man)?

#75
post #64

This doesn't make sense because it's not true. I was an avid pot smoker in my college days (long time ago, now) and even over the relatively small span of a 3 year time period I paid everything for a quarter-ounce (~7 grams) from $10 ("ditch weed") to $400 (REALLY good stuff from Cali or Colorado). So I'm not sure what he's talking about with the $10/gram thing being some benchmark that's lasted decades. I know that'…

I think he's referring to buying by the gram, not looking at bulk costs.

It's too cheap by the gram, or too expensive, depending on the variety. The cheap (low quality) stuff is like $3 by the gram, at most, and the expensive stuff is more like $20 a gram, at most.

Re: Why is a bag of weed always $10 (man)?

#76
post #12

Earlier quoted context omitted.

No, that's one of its advantages. It's pretty much impossible to "cut" it. This is what a cannabis bud looks like: http://en.wikipedia.org/wiki/File:Macro_cannabis_bud.jpg You can't just throw some similarly looking vegetation in there without the buyer noticing. You could throw in low-grade hemp, but that's just as hard to grow, so it's of no benefit to the dealer. One thing you can do is to not dry it. The moisture…

You can use fertilizer and pesticides to artificially increase your yields, which is basically just as bad depending on what's being used.

Sure, that works out about the same as 95% percent of the produce sold and used at restaurants in the US, though.

Re: Why is a bag of weed always $10 (man)?

#78
post #28

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?

Yes, and a point that isn't mentioned in the article is that the price of weed might be dropping at roughly the same rate the American dollar is being inflated. So what we could be looking at is a coincidental equilibrium. As more US states decriminalize marijuana the costs (risk and otherwise) of production and distribution decrease. I'm in Denver, CO and just the other day walked past a small police station with a…

I just visited Colorado and the situation there is SO DIFFERENT than 10 years ago, or the standard in the rest of the US... it's nuts. You drive down a street in Denver, Colorado City (Springs), or Fort Collins and it's Bud Med, Pure Health, Green Med, etc. one after another.

The laws are clearly in flux now. It's in this crazy gray region, where sure, some people that have cancer, MS and AIDS are in MUCH BETTER positions where they don't have to deal with black market BS outside of their comfort zone to get medication that makes them feel so much better, but on the other hand, people who clearly want cannabis just for recreational use are getting prescriptions to get high. Which I don't see anything wrong with, other than the fact that the law should just face reality and acknowledge that some people want to spend their afternoon hikes and TV time high on weed and not try to control their lives.

This is progress, but it's not there yet. Clearly the next step is to stop making casual smokers pretend they are in severe pain' or 'uncurable depression' to get their weed. It's not any more harmful than beer, and even if it was more harmful than gin, it's not any of the government's business to tell people how they spend their mind power.

Re: Why is a bag of weed always $10 (man)?

#79

Earlier quoted context omitted.

Yeah, I've heard it both ways - I don't know what the original origin of that term is.

From urban dictionary... Kine is a hawaiian words that translates to "the one". It is used to express like or show praise towards something or someone. The term has been popularized in the continental United States in reference to potent Cannabis.

Seems reasonable. I don't think the neo-hippies I heard this from 5-15 years ago were thinking anything about Hawaii, though. They thought 'kind bud' or 'the kind' and either didn't think about it, or assumed that meant something that was 'nice' to them.

Re: Why is a bag of weed always $10 (man)?

#80
post #47

Earlier quoted context omitted.

Perhaps, I haven't purchased one since I stopped doing packaged foods, but I no longer notice the standard sized candy bars, the liquor store counters and grocery store check-out aisles seem to be filled only with the "king size" versions.

I actually noticed the opposite. A few days ago I had a craving for a snickers bar. I haven't had one in years. So I popped into my local 7-11 and I noticed that the candy bars all looked...smaller... than when I was a kid. There was no king size to be found. Anecdotal? Sure, but it does support what the poster was claiming.

Your point of reference has changed. My father was the biggest man in the world when I was 5 years old, now I feel like I could hollow out a leg and hide him in it.
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