Thursday April 9, 2015

By Samantha Chin

Marijuana prices in Denver and Colorado: Spring 2015 Update Education

We have a more recent survey, click here for the latest Summer 2015 Marijuana Pricing Update

In the fall of 2014, Colorado Pot Guide took a look at the varying recreational marijuana costs in Colorado. As with our last report, we randomly surveyed 25 recreational stores in the greater Denver area and 10 retail marijuana stores along 1-70 in the mountains.

Although this is not an exact science, we did our best to average the prices of flower per store, ignoring the most expensive and cheapest strains and averaging the rest. Note that many stores offer high and low grade strains, which can be 50% +/- of the average cost.

At the start of 2015, we’ve seen a significant decrease in prices compared to those noted in the report we completed in 2014. This change can be directly attributed to the fact that there has been a 200-300% increase of ‘grow only’ operations of over the last year. In fact, this extreme growth often leads to an oversupply, which automatically results in lower prices for consumers statewide, as companies fight to remain competitive within the space. We’re still predicting to see prices drop even more over the next few months, especially as additional bulk and ‘craft’ grow operations continue to enter the market.

Bottom line? There are certainly $100 ounces to be found in Colorado, but it’ll take a bit more research to find the right dispensary with a price point that fits your wants, desires -- and budget. Although companies would like to keep prices high, we think consumers will be happy with the drop in overall costs in the near future.

If you do end up taking a look at the prices below and find yourself with sticker shock, check out some great tips on saving money at recreational marijuana stores.

Prices surveyed on April 8th, 2015.
Prices do not include  sales tax.

Denver Metro Area Recreational Marijuana Prices

  1/8 oz 1/4 oz 1/2 oz 1 oz
Average Price $40 $74 $137 $228
% Change from
Fall 2014
-16% -22% -24% -30%
Store #1 $21 $42 $84 $160
Store #2 $37.5 $70 $125 $225
Store #3 $20 $40 $80 $155
Store #4 $35 $70 $135 $270
Store #5 $45 $90 $150 $300
Store #6 $35 $70 $140 $200
Store #7 $42 $84    
Store #8 $37.5 $65 $125 $210
Store #9 $55 $95 $160 $280
Store #10 $39 $75   $169
Store #11 $32 $61 $114 $216
Store #12 $59 $118 $220 $325
Store #13 $45 $85    
Store #14 $40 $80 $150 $300
Store #15 $36 $71 $111 $160
Store #16 $33 $66 $132 $239
Store #17 $40 $75 $145 $280
Store #18 $42 $75 $150 $125
Store #19 $40 $60 $120 $200
Store #20 $55 $105 $210
Store #21 $37.5 $75 $147 $250
Store #22 $35 $70 $130 $240
Store #23 $48 $85 $157 $300
Store #24 $55 $70    
Store #25 $30 $60 $100 $185

I-70 Mountain Corridor Recreational Marijuana Prices

  1/8 oz 1/4 oz 1/2 oz 1 oz
Average Price $55 $96 $174 $313
% Change from
Fall 2014
-6% -11% -10% -15%
Store #1 $59 $110   $122
Store #2 $40 $77 $140 $262
Store #3 $40 $75 $142 $267
Store #4 $70 $120 $210 $420
Store #5 $40 $75 $140 $265
Store #6 $71      
Store #7 $46 $84 $147 $312
Store #8 $65     $420
Store #9 $60 $110 $220  
Store #10 $60 $115 $220 $440
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