Average Price of Legal Cannabis Drops by Over Half in Washington State

Source: Washington State Liquor Control Board.
Source: Washington State Liquor Control Board (click to enlarge).

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.

Read moreAverage Price of Legal Cannabis Drops by Over Half in Washington State

Lines Stretch Around Block On 2nd Day of Legal Recreational Cannabis Sales In Colorado

Yesterday Colorado made history by becoming the first state to allow stores to sell recreational cannabis since before prohibition began.

Lines were once again large outside Evergreen Apothecary on Jan. 2, 2013, for the second day of legal recreational cannabis sales in Denver.
Lines were once again large outside Evergreen Apothecary on Jan. 2, 2013, for the second day of legal recreational cannabis sales in Denver. (Photo: Kdvr.com)

On the 2nd day of legal cannabis sales in Colorado, most of the lines in front of the state’s new recreational cannabis outlets were still stretching around the block.

“The stores were ready for this,” says Tim Cullen, owner of Evergreen Apothecary, who rejects the notion that there will soon be a cannabis shortage. “We’ve been preparing for this for months. We’re well connected and friends with many in the industry. We didn’t talk to anyone who was concerned about a shortage yesterday.”

Read moreLines Stretch Around Block On 2nd Day of Legal Recreational Cannabis Sales In Colorado