Average Price of Legal Cannabis Drops by Over Half in Washington State
The price of legal recreational cannabis has dropped significantly in recent months in Washington, according to new data released by the state’s Liquor Control Board.
According to the Board, the average price of recreational cannabis throughout the state is $12 a gram. When sales began in July, average prices were near $30 a gram.
Although the data doesn’t account for the quality of the cannabis or take bulk pricing into consideration, it shows a clear trend towards cheaper cannabis prices.
“The agency was charged with creating a recreational system competitive with the gray and illicit markets,” says Brian Smith, a spokeperson for the Liquor Control Board.
“We thought if we could get it to 12 dollars a gram, we would be competitive, and we got there in a matter of months.”