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The price of pot is tumbling in Colorado
Colorado's weed is getting much cheaper.
In October, the cost of a wholesale pound of cannabis was around $2,400 to $2,600. That price has almost been cut in half to between $1,400 and $1,600 last month, according to data from Tradiv, an online marijuana-distribution platform.
"In less than a year, we've seen wholesale prices drop to nearly half of their previous totals," John Manlove, director of sales at Tradiv, told Business Insider in an email. "We've never seen prices like this."
8 Must-Know Tips for Edibles Shopping
When selecting a cannabis-infused product from the shelves of a medical marijuana dispensary or state-legal retail outlet, it’s easy to be overwhelmed by the sheer variety of what’s available. But don’t allow yourself to be swayed by clever marketing or a sales pitch at check-out. Do your homework instead, and you’ll have a much better experience—one that gets you nicely high, while leaving a good taste in your mouth.
Fortunately, the endless variations in cannabis foods make it easy to find the perfect dish for every occasion. From something simple like pouring marijuana-infused olive oil over popcorn or a salad, to more adventurous fare like an infused beef jerky, barbecue sauce, ice creams, gummy bears or lemonades. At HIGH TIMES, as part of organizing our Cannabis Cup competitions, we evaluate hundreds of marijuana-infused foods each year, from standard sugary treats to healthy options like granola bars and fruit smoothies. There’s a whole new world of edibles products to try, and here’s a few tips to help you choose the best ones.
What strain are you smoking on today?
Congress And The DEA Share The Blame For Marijuana's Mystifying Misclassification
Last week, when the Drug Enforcement Administration (DEA) rejected two petitions asking it to reclassify marijuana, Fox News anchor Shepard Smith did not try to conceal his contempt. “LSD, MDMA, a plant that grows in the yard—all one thing,” hesaid sarcastically. “The DEA announced today it will keep marijuana on the list of the most dangerous drugs in all the world, along with heroin, LSD, and MDMA….Thanks, DEA, you’ve really got a lot of credibility.”
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