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January 3rd, 2014
09:55 PM ET

How high is too high for marijuana prices?

Editor's Note: Watch AC360 next week for a series of reports exploring marijuana legalization from all angles. Gone to Pot begins on Monday at 8 pm E.T.

It is legal to buy recreational marijuana in Colorado, but it's not cheap. Some customers are already complaining about high prices, and that's before some hefty taxes. Colorado's new marijuana economy is raising serious questions. Ashleigh Banfield discussed it with Denver Post Marijuana Editor Ricardo Baca.

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Filed under: Gone to Pot • Marijuana
soundoff (4 Responses)
  1. Lenny

    They tax it something like 25% sale, it's hardly a surprise the stuff is expensive. It needs to be taxed but they really went too far with that rate. Of course what can you expect, its demonized which makes it easy to tax.

    January 27, 2014 at 11:31 am |
  2. Don Martinson

    They need to undercut the competition (illegal trade).

    January 10, 2014 at 8:21 pm |
  3. Robert

    Right now there isn't a lot of legal supply, but lots of demand as its new. All the legal growers have plans to ramp up production, and more and more people will enter the market as long as there is money to be made. The price will come way down.

    January 6, 2014 at 8:06 am |
  4. Warren Levine

    Anything approaching US$300 is too high. Take the criminal aspect out of growing and prices should drop below $100/ounce. It ain't all that expensive to grow.

    January 5, 2014 at 3:54 am |

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