Estimated Price of Legal Marijuana Per Gram in Washington

in Substance Abuse

According to  Washington’s Office of Financial Management, the state plans on taxing legal marijuana 25 percent at the point of sale for the consumer.

Producers are estimated to sell legal marijuana for $3 per gram to processors, who are forecast to charge retailer $6 per gram.

The retailers will then charge customers $12 per gram before taxes, meaning that the final price paid by customers buying legal marijuana in the state of Washington would be $16 per gram.

(Illegal marijuana prices worldwide.)

Source:  Alison Vekshin, “Washington Races Colorado for Billions in Pot-Tax Revenue,” Bloomberg Businessweek, June 24, 2013.

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