Thursday November 20, 2014

By CO Pot Guy

Marijuana prices in Denver and Colorado: Fall 2014 Update Education

Click here for the latest Spring 2015 Marijuana Pricing Update

We decided to take a look at how much recreational marijuana costs in Colorado.  We surveyed 25 random recreational stores in the Denver area, as well as 10 retail marijuana stores along the I-70 corridor in the mountains. 

To get the average price per store, we eliminated the most expensive and cheapest strains, and then took an average of the remaining ones.   Not perfect science but it should give you an idea of the average cost of flowers in Colorado.  Please remember that most stores do offer high and low grade strains, which can be 50% +/- of the average cost.   

Surprisingly, the average prices are pretty similar to what we saw in early summer around the Denver area.  This will undoubtedly change as the requirement that stores grown their own marijuana has been removed as of October 1st.   The amount of marijuana grown in Colorado is expected to increase 200-300% over the next year, as more ‘grow only’ operations get up and running.  This is going to result in an oversupply, which can only mean lower prices for consumers.   Some are predicting $50 ounces by late next year.  It will be interesting to see how the market develops, most likely it will end up similar to breweries, where you’ll have your craft growers and then your bulk growers.

If you get sticker shock with the prices below, you may want to check out some tips on saving money at recreational marijuana stores.

Prices surveyed on November 15th, 2014
Price do not include sales tax

Denver Metro Area Recreational Marijuana Prices

  1/8 oz 1/4 oz 1/2 oz 1 oz
Average Price $47 $95 $181 $323
Store #1 $35      
Store #2 $55 $95 $170 $325
Store #3 $50 $100 $200 $400
Store #4 $55 $110 $190 $340
Store #5 $50 $100 $150 $300
Store #6 $35 $70 $140 $200
Store #7 $50 $100 $200  
Store #8 $50 $90 $185 $340
Store #9 $65 $135 $250 $460
Store #10 $39 $75 $169  
Store #11 $50 $95 $185 $360
Store #12 $65 $130 $260 $430
Store #13 $45 $85 $150  
Store #14 $50 $100 $170 $330
Store #15 $50 $100 $160 $249
Store #16 $34 $66 $132 $240
Store #17 $40 $80 $150 $280
Store #18 $40 $75 $150 $300
Store #19 $48 $98 $184 $364
Store #20 $60 $115 $230  
Store #21 $45 $88 $175 $350
Store #22 $35 $70 $130 $240
Store #23 $60 $120 $240 $480
Store #24 $35      
Store #25 $50 $90 $185 $320

I-70 Mountain Corridor Recreational Marijuana Prices

  1/8 oz 1/4 oz 1/2 oz 1 oz
Average Price $59 $107 $194 $367
Store #1 $60 $112 $214 $390
Store #2 $45 $85 $165 $295
Store #3 $55 $95 $140  
Store #4 $65 $115 $200 $400
Store #5 $40 $75 $140 $265
Store #6 $75 $145 $260  
Store #7 $60 $95 $160 $340
Store #8 $60     $400
Store #9 $65 $115 $240  
Store #10 $65 $130 $230 $480
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