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(Time)   "Dude that's harsh, why is it always about the money? How much is my legal marijuana habit going to cost me again?"   (business.time.com) divider line 86
    More: Interesting, marijuana legalization, habits  
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9743 clicks; posted to Main » on 20 May 2013 at 9:20 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-20 08:33:24 AM
About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.
 
2013-05-20 08:38:46 AM
I'm a writer, a poet, a genius, I know it.
I don't buy Chiba, I grow it
 
2013-05-20 09:01:14 AM
Meh, get a job, hippie!
 
2013-05-20 09:05:35 AM
How much the individual actually winds up spending on marijuana will depend on several factors, most obviously the quality (and price) of the pot and how much one smokes.

i236.photobucket.com
 
2013-05-20 09:24:12 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


No shiat
 
2013-05-20 09:24:33 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


This.  I spend far more on beer.
 
2013-05-20 09:27:07 AM
We talking medicinal?  Obamacare should cover that then we can collectively keep the stoners in weed.  USA USA!
 
2013-05-20 09:28:40 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


That's based on smoking about half an eighth of mid-range bud per week. I don't know about you, but it's gonna take more than that to replace my booze habit.
 
2013-05-20 09:29:36 AM

GORDON: We talking medicinal?  Obamacare should cover that then we can collectively keep the stoners in weed.  USA USA!


Obamacare covers things now? Weird. I thought it made you buy private insurance.
 
2013-05-20 09:29:53 AM
I was doing a GIS for raw materials to use in a stupid MSpaint submission and found this:

www.lostartofblogging.com

I'm just gonna stick with that as my post.
 
2013-05-20 09:30:55 AM
3.5oz per year? That's not a pot smoker - that's the "i only smoke when I drink" friend.
 
2013-05-20 09:31:03 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


I spend three times that PER BOTTLE.

https://www.beerworldstore.com/index.php?page=shop.product_details&f ly page=flypage.tpl&product_id=978&category_id=53&vmcchk=1&option=com_vir tuemart&Itemid=29

I also tend to not be able to see straight.
 
2013-05-20 09:32:08 AM
What I don't get is if I'm paying $300 an ounce from the down the street, why would I want to pay more for that same ounce because of taxes. I understand it could be fun to occasionally go to the pot store to try new things, but will legalizing really drive away the black market? And why would the grower want to start paying taxes and dealing with regulators?
 
2013-05-20 09:32:56 AM
The problem is you can't trade Grateful Dead bootlegs for legal pot.

/I may have just dated myself, can you trade Phish bootlegs for pot?
 
2013-05-20 09:33:58 AM
$35 dollars a week for pack a day tobacco.  That's $1820 for the regular cancer sticks.
 
2013-05-20 09:34:21 AM

JonnyG: 3.5oz per year? That's not a pot smoker - that's the "i only smoke when I drink" friend.


Seriously. I smoke like an ounce and a half of high end bud a week,
 
2013-05-20 09:34:59 AM

Pixel_Jockey: What I don't get is if I'm paying $300 an ounce from the down the street, why would I want to pay more for that same ounce because of taxes. I understand it could be fun to occasionally go to the pot store to try new things, but will legalizing really drive away the black market? And why would the grower want to start paying taxes and dealing with regulators?


The article says that legal weed will be cheaper than illegal weed and competition will drive the price down even more.
 
2013-05-20 09:34:59 AM

Carn: xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.

This.  I spend far more on beer.


I homebrew my own beer, make my own wine, and distill my own spirits. People who shop at the liquore $tore are throwing their money away.

//Just preempting the "I grow my own weed" crowd.
///And I really just make the wine. I'm too lazy to homebrew, and home distillation is Highly Illegal, and therefore Wrong.
 
2013-05-20 09:35:00 AM

Carn: xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.

This.  I spend far more on beer.


According to the article's math, that assumes the average person smokes/pays for about 1.75 grams per week, which is a pretty reasonable amount.

$12.50 for over a gram is a damn good price. I should move out west.
 
2013-05-20 09:35:11 AM
Three and a half ounces? FOR A YEAR? That wouldn't last me three months.
 
2013-05-20 09:35:28 AM
One of the strongests arguments for legalizing the stupid stuff was the potential tax revenue so quit biatchin and pay up-it's patriotic. Unless you are opposed to roads, public schools and emergency services and desire a Somalian utopia.
 
2013-05-20 09:36:00 AM
Its cheaper than beer or ciggarettes? must not be taxing it enough.
So will CO be keeping the price low at first, then when half the state is full-on pothead they'll raise the taxes?
 
2013-05-20 09:36:00 AM

Tom_Slick: The problem is you can't trade Grateful Dead bootlegs for legal pot.

/I may have just dated myself, can you trade Phish bootlegs for pot?


Still dating yourself, but yes you can. :)
 
2013-05-20 09:36:16 AM

Pixel_Jockey: And why would the grower want to start paying taxes and dealing with regulators?


Because the alternative is having their door kicked down, their dog shot in the head, and their livelihood squashed as they're taken away to prison.
 
2013-05-20 09:38:47 AM

bopis: So will CO be keeping the price low at first, then when half the state is full-on pothead they'll raise the taxes?


Sure. That is if they want everybody to go back to buying their shiat on the black market anyway.
 
2013-05-20 09:39:02 AM

illegal.tender: xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.

I spend three times that PER BOTTLE.

https://www.beerworldstore.com/index.php?page=shop.product_details&f ly page=flypage.tpl&product_id=978&category_id=53&vmcchk=1&option=com_vir tuemart&Itemid=29

I also tend to not be able to see straight.


A decent bottle of whisky is over $100. Good wine is over $40. $300 a week in booze is cutting back.
 
2013-05-20 09:39:55 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


Done in one.
 
2013-05-20 09:40:37 AM

Pixel_Jockey: What I don't get is if I'm paying $300 an ounce from the down the street, why would I want to pay more for that same ounce because of taxes.


The article states that they anticipate a price drop when pot is legalized. Which makes sense. The black market introduces a whole mess of costs that the legal stuff wouldn't have to contend with.

Pixel_Jockey: And why would the grower want to start paying taxes and dealing with regulators?


Why do I pay taxes and deal with regulators? So I don't go to jail. Same with growers.
 
2013-05-20 09:40:37 AM

Two16: Tom_Slick: The problem is you can't trade Grateful Dead bootlegs for legal pot.

/I may have just dated myself, can you trade Phish bootlegs for pot?

Still dating yourself, but yes you can. :)


Damn, I guess I have been sober too long. Who is the current drop out and follow band?
 
2013-05-20 09:43:05 AM
 183 dolla for a bag for "average" weed? my arse. Me thinks I would just grow my own herb. That's about double exsisting prices under prohibition. Nobody is having to pay some poor bastard to carry half a pound in his ass across the desert so I would expect that the overhead should be cut considerably.
 
2013-05-20 09:45:25 AM

Gonz: Carn: xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.

This.  I spend far more on beer.

I homebrew my own beer, make my own wine, and distill my own spirits. People who shop at the liquore $tore are throwing their money away.

//Just preempting the "I grow my own weed" crowd.
///And I really just make the wine. I'm too lazy to homebrew, and home distillation is Highly Illegal, and therefore Wrong.


May wanna call your lawyer about that distilling of spirits...
 
2013-05-20 09:52:47 AM

Gonz: Carn: xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.

This.  I spend far more on beer.

I homebrew my own beer, make my own wine, and distill my own spirits. People who shop at the liquore $tore are throwing their money away.

//Just preempting the "I grow my own weed" crowd.
///And I really just make the wine. I'm too lazy to homebrew, and home distillation is Highly Illegal, and therefore Wrong.


I homebrew as well and I still spend more than $12.50 a week on beer...
 
2013-05-20 09:56:36 AM

Dusk-You-n-Me: Pixel_Jockey: And why would the grower want to start paying taxes and dealing with regulators?

Because the alternative is having their door kicked down, their dog shot in the head, and their livelihood squashed as they're taken away to prison.


I do understand the desire to go legit for that reason, but I know guy's who have been growing for decades, and have never had their door kicked in, their dog shot in the head or their livelihood squashed as they're taken away to prison. I don't see people like that running out to go legit, and I would rather buy from them then from the inevitable corporate outfits that will pop up.
 
2013-05-20 09:58:12 AM

HypnozombieX: 183 dolla for a bag for "average" weed? my arse. Me thinks I would just grow my own herb. That's about double exsisting prices under prohibition.


If you're paying ~$90/oz right now, the weed you're getting is far, far below average.
 
2013-05-20 09:59:53 AM
I used to spend upwards of $2000 a year on weed, so this doesn't seem like that big a deal. Of course that estimate is based on about $40 per 1/8th every week for a year, so it would probably be double their estimate for me in a year.

That is, IF I went back to my old habits. The great irony in all of this is that, even though I live less than 10 minutes away from the WA border where they're just starting to lay out guidelines for legal pot sales, I can't smoke anymore. The career path I chose out here (machinist) kind of frowns upon drug use. The place I work for tests whenever they think they have a reason to (from a minor injury to dropping a basket of parts on the floor) and if I wanted to change companies they'd probably drug test me right off the bat.

So... No smokey for me. Oh well. Smoke one for me ya farkers!
 
2013-05-20 10:01:08 AM
I wonder how much money is being spent on crap articles like this by those industries and individuals that are losing money thanks to the legalization of cannabis. They are sure not going to go down quietly are they? Hell, the drug advertisements on tv are usually about 24 seconds, and 16-18 seconds of them are listing dangerous side effects. But, we have to really dig into the nets to find out just how dangerous they really are. You can come up with several articles on the 'dangers' of cannabis these days in a few moments. My favorite is the constant warning about 'short term memory loss'. Umm... thats one of the reasons I use it!

/Now, what was I saying?
 
2013-05-20 10:09:41 AM

Pixel_Jockey: I do understand the desire to go legit for that reason, but I know guy's who have been growing for decades, and have never had their door kicked in, their dog shot in the head or their livelihood squashed as they're taken away to prison. I don't see people like that running out to go legit, and I would rather buy from them then from the inevitable corporate outfits that will pop up.


He's one of thousands of growers who haven't been arrested. That's great, and if marijuana were legalized you could continue to buy from him. So...yeah.
 
2013-05-20 10:11:00 AM
Here is Pandora's predicament:
How can we legalize it, yet make it illegal to grow and sell?
Just saying you can't sell it because we said so will only fly for so long. This isn't some home-brew or something that can go bad, this is a weed. So there is no health reason the government can give to prohibit personal sales (As far as I know).
If it is legal, then it is like any other agricultural crop.
Once that box is opened, you won't be able to close it.

Second point:
Yeah, once it becomes legal, prices WILL probably drop, however, you are telling me that the guy who rents out a store fit it out, probably hire employees and pay taxes will be cheaper than the guy growing this in his back yard?!

Don't think so.
The only element you'll have then is probably people looking for quality control over price.

/great, now we'll get stoned hipsters
 
2013-05-20 10:17:43 AM

Resident Muslim: /great, now we'll get stoned hipsters


Actually, I think that would be a vast improvement.
 
2013-05-20 10:18:26 AM
people who smoke daily and have a decent job are gonna need about a pound for the year. This would include holidays and friends stopping over etc.

So the 3+ onuces might be for folks who only very rarely puff.

Your habit is going to cost you probably what it costs now unless you are gonna grow it yourself. That is where the big savings is going to come from. Folks who would never risk their home now to seizure would possibly be inclined to setup a small garden.

I think the varieties will increase but the cost will be pretty stable. The cost of MJ has been pretty stable in the black market for a LONG time.
 
2013-05-20 10:22:16 AM
Right now in Colorado top-shelf bud averages about $175-$225 an ounce. The dispensary I patronize just had a sale on an ounce of Larry OG for $150. By the way, let me say as a longtime toker, if by some chance the magnificent bastard who grew that Larry OG bud is reading this, you have grown some of the best bud I've ever smoked in 25 years of imbibing.
 
2013-05-20 10:30:23 AM
Hmm, I guess I smoke less than average based on some of the comments here. (Though more than average going by TFA.)

Usually 1/4 oz ($50-60 depending on quality) lasts hubby and I about 2-3 weeks.

Still much much less than cigarettes and booze, which is one of the reasons why I don't generally partake in either of those.

/Canadian
 
2013-05-20 10:30:47 AM

Carn: Resident Muslim: /great, now we'll get stoned hipsters

Actually, I think that would be a vast improvement.


Hipsters are usually already stoned.
 
2013-05-20 10:36:09 AM

xanadian: About $12.50 a week?  That's less than my booze habit.  Maybe I should switch.


shiat.  I generally spend more then that on alcohol every night.
 
2013-05-20 10:37:33 AM
Exactly what constitutes a habit? because that amount seems sightly low for a habitual user.
 
2013-05-20 10:43:25 AM

mactobain: I'm a writer, a poet, a genius, I know it.
I don't buy Chiba, I grow it


Possession is half the law 
I had my routines before alla y'all 
Your whole life is coming apart at the seams 
You ain't nothing but a car thief biting routines 
See, I'm a city slicker I ain't no townie 
Right now I wish I had another hash brownie 
Like Ricky always said you've got to toke and pass 
Or mookie's gonna kick your motherfarkin ass!
 
2013-05-20 10:45:00 AM

JonnyG: 3.5oz per year? That's not a pot smoker - that's the "i only smoke when I drink" friend.


Yea, if 3.5 oz annually is considered average, I'm definitely an outlier.
 
2013-05-20 10:51:34 AM
This is nonsense.

If marijuana were completely legal, it would sell for no more than $10 per ounce, and probably less than that.  Look at the price of tobacco or cinnamon or oregano or other such spices which would be similiarly expensive to produce.  Marijuana only costs hundreds of dollars per ounce because it's illegal.
 
2013-05-20 10:55:01 AM

GanjSmokr: JonnyG: 3.5oz per year? That's not a pot smoker - that's the "i only smoke when I drink" friend.

Yea, if 3.5 oz annually is considered average, I'm definitely an outlier.


I suspect that "average" is the amount of pot smoked in the state divided by the number of adults, or even just the population. It's news math, it's not scientifically rigorous.
 
2013-05-20 10:59:06 AM

kindms: Your habit is going to cost you probably what it costs now unless you are gonna grow it yourself. That is where the big savings is going to come from. Folks who would never risk their home now to seizure would possibly be inclined to setup a small garden.


If you think there's a cost savings possible with gardening- especially quality gardening- you're deceiving yourself. It's an expensive habit, especially at first. Just getting things established above "throw a seed in the ground and see what happens" gets pricey. Quickly. And that's before you try and do things like maintain optimal soil pH.

I grow peppers, not pot, but I know I'd be much better off financially going to a store to but my individual peppers. They can take advantages of economies of scale to lower their overall price. I like growing my own, and it's satisfying to nom on something you raised from a seed... but it's tough to argue that it's saving me money in any way.
 
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