Earlier quoted context omitted.
I'm pretty sure a lid was an ounce. A pound for $25 is too low, during the 70s. That's enough for a High schooler to smoke 1 1-gram joint everyday for 2 school calendar years on just a couple of days worth of lunch money.
$25 was a couple days worth of lunch money in the 70s?
Well, after you get through the two or three joints necessary to work through this stash before it goes stale the munchies hit real hard :)