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Colorado Weed Prices

Colorado Weed Prices

Posted by CANNASaver on Tuesday, 24 November 2020 in Canna Blog - Latest News

Your Guide to 2021 Colorado Weed Prices  

As of 2020, Colorado is closer to a decade of recreational marijuana being legal than a modern preschooler is to third grade. While it’s been a ride, the laws governing cannabis sales in the state evolve every year. One of the factors that influence these legal changes? The average price of weed in Colorado. 

Colorado weed prices affect how much tax is collected. Legal weed prices also aid in reducing black market activity around cannabis, so long as they are low enough to prevent those selling it from being able to reliably turn a profit. 

That’s why we created this guide – to describe how much weed in Colorado is, how much it differs across the state and why. Let’s dive in.

Creating A Consumer Methodology for Determining The Price Of Weed in Colorado

According to the Colorado Department of Revenue, in October 2020 the average price per pound of flower for growers to dispensaries was ~$1300. 

Put another way, growers on average charge dispensaries the following:

  • $81.25 per ounce

  • $10.15 per ⅛ ounce

  • $2.88 per gram

Once dispensaries have received the flower, the price doubles or triples before reaching the buyer. This is the result of paying employees, renting property, buying equipment, and other business operation expenses. 

In order to create a methodology that captures the consumer-end price, we’ve added 200-300 percent to the AMR price the Colorado Marijuana Enforcement Division uses for taxation. 

The Result?

Average Price Per Ounce in Colorado for Recreational Consumers: ~ $160 - $240 

Average Price Per 1/8 Ounce in Colorado for Recreational Consumers: ~ $20 - $30

Average Price Per Gram in Colorado for Recreational Consumers: ~ $5.76 - $8.64

We will use these as benchmarks in the analysis below. 

colorado weed prices

Determining Colorado Weed Prices

Prices of cannabis in Colorado vary based on brand, region, current specials, and dozens of other factors.

Built within this is a feedback loop for the state and cannabis producers and dispensaries. 

Once every three months, the Colorado Marijuana Enforcement Division, known as Colorado MED, uses data from grower to manufacturer (like an edible producer) or seller (such as a dispensary) to determine an Average Market Rate (AMR). The AMR is the basis for taxes and is reviewed based on weight. 

In the chart below, available on the Colorado Department of Revenue website, you can see that growers of marijuana in Colorado, on average, charge ~$1,300 per pound in October 2020. This is up 30 percent from ~$1,000 in October 2019. This is important for later.

colorado-med-average-market-rate-oct-2020

(Pulled from CO DOR 11/25/2020)

Why The Average Market Rate Matters

Roughly speaking, by the time cannabis gets to the consumer the price per pound is double or more than the AMR (average market rate). This is in part because manufacturers and dispensaries have to pay staff, labor, as well as equipment, and licensing. 

The other part? 

Colorado marijuana laws place limits on both recreational consumers and medical marijuana patients.

Consumers can’t easily go out and buy a pound since the law limits recreational to an ounce, or 1/16th of a pound.

In the decades where cannabis was illegal entirely when a police raid created headlines like “$1 Million in Marijuana Confiscated”, it was an average market rate that allowed this headline to make sense. Police would use average street prices to evaluate the worth of a quantity. This applies equally to legal markets. 

weed prices in colorado

How Much Is Weed In Colorado? 

As of October 2020, Colorado MED pulls together purchase information from a total of 466 cultivators, 216 product manufacturers, and 416 medical or recreational stores as part of creating the AMR. When retail mark-up is added, our methodology will give us a standard price. 

To remind you, we are using the following as baseline pricing:

  • Average Price Per Ounce for Recreational Consumers: ~ $160 - $240 

  • Average Price Per 1/8 Ounce for Recreational Consumers: ~ $20 - $30

  • Average Price Per Gram for Recreational Consumers: ~ $5.76 - $8.64

Now let’s test these price estimates on some cannabis dispensaries in Colorado: 

Botanico (Denver)

Strain: Crystal Gelato

Prices: $20 per 1/8th, $160 per ounce

Strain: Bazookies

Price: $140 per ounce

Check Out Botanico Cannabis Deals Here: 

Medicine Man (Longmont)

Strain: Cookies N’ Cream

Prices: $19 per 1/8th, $114 per ounce

Strain: G6 #3

Prices: $19 per 1/8th, $114 per ounce

Check Out Medicine Man Deals Here:

Organix (Breckenridge)

Strain: GG #4

Price: $15 per gram, $32 per 1/8th, $155 per ounce

Check Out Organix Deals Here:

The Lodge (RiNo Denver)

Strain: Sour Chunk

Price: $13 per gram, $32 per 1/8th, $150 per ounce

Check Out The Lodge Deals Here:

colorado price of weed

What Is The Average Price Per Gram In Colorado? 

The above pricing samples and our baseline costs tell us a few things about weed prices in Colorado. We estimated the average cost per gram, based on Colorado DOR data, to be between ~$6 to $9. However, from our sample, we can see that the average cost per gram is much more.

The average cost per gram of weed in Colorado is between $10-$15. 

This is likely because, as with most things, weed is cheaper when bought in bulk. 

What Is The Average Price Of An 1/8th In Colorado? 

We estimated based on available data from the state of Colorado the average price per 1/8th would be between $20 and $30 dollars. Botanico was on the lower end of our estimated range at $20 per 1/8th. Medicine Man was $19 per 1/8th or $1 less than the estimated low.

Both Organix and The Lodge dispensaries show up at the higher end of our estimated price range, but only by a little. Both have an average price per 1/8th of $32, or $2 more than our $30 high estimate. 

What Is The Average Price Of An Ounce In Colorado? 

The methodology for estimating Colorado weed prices we established actually overestimated the price per ounce on nearly every count. Our methodology puts the average price per ounce at between $160 and $240. 

Every dispensary fell at or below our benchmark of $160. Again, buying in bulk will always lower the price – with anything from soap to marijuana.

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CannaSaver Weed Deals Near Me

Posted by CANNASaver on Saturday, 14 January 2017 in Canna Blog

Best Denver Dispensary Deals Near Me

Call me frugal or more like savvy , but I like to avoid paying too much money for marijuana. Whenever I need to replenish my stash, I know that the first step is to find CannaSaver weed deals near me. Then I evaluate the deals, comparing ounce specials, other weed deals on joints and 1/8th's and the like, deals on concentrates, and edibles deals to see what dispensaries have the best prices on marijuana for the week. Dispensary deals change quickly in Denver, and you really have to keep up to date with the latest specials if you don’t want to spend too much for your weed. Here are some of the best dispensary deals in Denver going on right now on concentrates, edibles, and weed.

Cheapest Ounces in Denver and other Weed Coupons

RiverRock South has a medical ounce special right now that is hard to beat. Just $75 plus tax gets you a full ounce of medical marijuana. For an ounce special on recreational marijuana, one of the best dispensary deals around this week is at The Stone Dispensary, where recreational customers can buy an ounce for $95 while supplies last. Most of their strains are on special, so if you get yourself there in time to take advantage of the deal, you’ll likely find a wide selection of buds to choose from. There are also some solid specials on ounces at Ballpark Holistic Dispensary and Northern Lights Cannabis Company. Ballpark Holistic Dispensary has recreational ounces for $119, and Northern Lights Cannabis Company has recreational ounces of top shelf marijuana for just $125. If you’re looking for the best price on less than an ounce of marijuana, which dispensary you should go to is a matter of how much weed you want to buy. If you want as much weed as possible for as little money as possible, Golden Meds Leetsdale is offering a recreational marijuana deal on a half ounce of shake for only $35. Got less than $20 to spend? Head to Ballpark Holistic Dispensary and pick up two cone joints for $14, recreational or medical. Are you just not sure how much weed you’re looking to buy right now, indecisively wavering back and forth somewhere between a few grams and a whole ounce? Well either way you’ll be sure to get a good deal at The Green Solution. Right now they have a coupon on CannaSaver that gets you a deep discount no matter how much weed you buy. Whether you buy an ounce or an 1/8th, you’ll get half of the bud you’re procuring for 50% off the regular price. The deal is good for both medical and recreational marijuana.

Best Concentrates in Denver and the Cheapest Edibles in Colorado

You can also find savings coupons for concentrates and edibles on CannaSaver, like the ones this week from Mr. Nice Guys Wellness Center and many other local Denver dispensaries. RiverRock South has recreational grams of shatter for $25 each. If you want to buy a larger quantity of concentrates, Mr. Nice Guys Wellness Center has a concentrates deal on seven grams of shatter for $99 recreational. If you want live resin, also known as full spectrum extract, head over to The Stone Dispensary where you can pick up a gram of good quality live resin for $50, which is a discount of $10 off the usual price. Rocky Road Aurora has one of the better dispensary deals on edibles this week for recreational buyers, with Keef Colas of the 10 mg. variety on sale for only $20 for four of these refreshing THC-infused beverages. You’ll need the promo code from CannaSaver to get the deal, and it’s only good while supplies last. Rocky Road Aurora is located near Aurora Horseshoe Park. Medical marijuana users looking for deals on edibles might want to stop by Northern Lights Cannabis Company where they have a B2GO deal on edibles that’s available only to medical customers. The deal only applies to a selection of edibles, so you’ll have to ask which ones are on special to make sure you’re getting the discount edibles and not the full-priced ones.

Looking for CannaSaver WeedDeals in Your State?

Dispensaries are all over the place in Colorado, but what if you happen to be traveling to California or Nevada? You can find deals for dispensaries in those states, too--very easily. Just go to CannaSaver and it will automatically detect your location, or you can search for specific cities or dispensaries to find the best weed deals near me whether you are traveling to Los Angeles, San Diego, San Francisco, or Las Vegas. If Vegas is where you’re heading, you should also check out VegasWeed.net, which has all sorts of travel info, Nevada marijuana law information, 420 travel deals, Vegas dispensaries and more.

There is always a way to save money on weed, no matter where you happen to be. You just need to know how to find the best dispensary deals near you, and be quick to take advantage of them.

 

 

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Deals Near You

8 Grams of Live Resin for $200*
8 Grams of Live Resin for $200*
Stapleton - Recreational
100mg KAMA gummies for $10
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Denver - Rec & Med
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$15 Off Cart's
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20g Wax/Shatter for $232 (OTD)
Colorado Springs - Medical
Rec - $99/oz Daily Strain
Rec - $99/oz Daily Strain
Denver - Recreational

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