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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 Blog

Lakewood, Co Dispensary Deals Near You

Posted by CANNASaver on Sunday, 20 August 2017 in Canna Blog

Lakewood Weed Deals: Find the Best Dispensary Deals West of Denver

It’s not just the weed that brings people to Lakewood, Colorado. Many people live in Lakewood due to its close proximity to Denver and for the lower price of homes and real estate. Lakewood jobs, Lakewood real estate, and affordable apartment rentals are attractive commodities, and in addition, there are plenty of amenities from great shopping at Belmar to hiking Bear Creek Lake Park. While there are no recreational dispensaries in Lakewood city limits, there are many medical marijuana dispensaries and several great dispensaries near Lakewood within a ten minute or less drive. Lots of these dispensaries offer CannaSaver deals on ounces and coupons for live resin. Just look on CannaSaver to get the weed deal you want, whether it’s $15 grams of wax or shatter in Denver or a $95 ounce deal near Lakewood. Here are some of the best marijuana coupons and dispensary deals in Lakewood this month that you can find on the CannaSaver website.

Weed Deals in Lakewood

Lakewood has some good weed deals to be had, especially if you’re looking for a deal on an ounce. Southwest Alternative Care Colfax dispensary at Colfax and Perry has a $100 ounce deal for first time customers. This is one of the best ounce deals near Lakewood that both recreational and medical customers alike can enjoy. For medical marijuana deals, Herbal Remedies at Alameda and Sheridan has some of the lowest marijuana prices in Lakewood with select strains selling for $100 an ounce, $15 an eighth, or $5 a gram. You’ll also find great weed deals and ounce specials at Levels medical dispensary. This Lakewood medical marijuana dispensary at 389 Wadsworth Blvd was formerly The Green Solution's Lakewood store. Levels is just a few blocks south of 6th avenue, and they offer edibles, buds, concentrates, and more for medical customers seven days a week from 10:00 a.m. to 6:00 p.m.

Lakewood Wax Deals

For Lakewood deals on wax or shatter, Chronic Therapy is where savvy stoners west of Denver go for some of the best concentrates deals around. They’re a medical and recreational dispensary near Lakewood located in Wheat Ridge on 27th avenue just off of Kipling near Crown Hill park. Eight grams blue label wax or shatter, rec or med, is just $120 there if you mention the Chronic Therapy concentrates deal from CannaSaver. They also carry Escape Vape Flight kits, Tanks, and Jets, and they will honor the Escape vape deals and coupons you can get on CannaSaver.

If you’re a medical customer, it’s hard to beat the wax deals from Southwest Alternative Care, where you can get a concentrates deal for one gram of wax or shatter for just $11.89 with no limits. That’s definitely one of the best wax and shatter deals near Lakewood that you will find, hands down.

New Member Sign-Over Deals in Lakewood

Many Lakewood medical dispensaries offer incentives for patients who choose that particular dispensary to be their caregiver. These incentives are commonly called first timers deals or new member sign-over bonuses. If you’re a first time medical marijuana patient, you can rack up some huge savings by taking advantage of these new member sign over deals from Lakewood dispensaries. At Herbal Remedies, for instance, if you sign up as a new member you’ll get the new patient sign over $100 match bonus after your first thirty days as a member. This means they will match your first purchase up to $100 after the thirty day waiting period. Southwest Alternative Care dispensary has a good new member sign over deal near Lakewood, too. They have a new member sign-over bonus that gives you your choice of an $80 store credit, a $30 ounce deal, or 5 free grams of shatter after your first thirty days of membership. Sometimes, non-members get special incentives, as well. 

More Lakewood weed deals and dispensary discounts west of Denver

If you love saving money on recreational weed, wax, shatter, edibles, and all that other good stuff, you can find great money saving deals at the Stone Dispensary on Morrison Road.  It doesn’t matter if you’re near Belmar, Bear Creek park, downtown Denver, Lakewood, Cherry Creek, or Wheat Ridge--you will be able to find the best prices on the products you want from dispensaries near you. From a coupon 25% off edibles to discounts on topicals, concentrates, and flowers, you’ll find new deals everyday of the week on CannaSaver from the best dispensaries throughout metro Denver and beyond. Just think--the more money you save, the more weed you can buy, and the more high can you get! 

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Deals Near You

$99 Ounces
$99 Ounces
Pueblo West - Recreational
Tuesday - Kaviar Moonrocks 25% Off
Tuesday - Kaviar Moonrocks 25% Off
Denver - Recreational
$10 off any 4 grams of concentrate
$10 off any 4 grams of concentrate
Pueblo - Recreational
$5 off ALL 710 Labs Live Rosin
$5 off ALL 710 Labs Live Rosin
Denver - Recreational
2 grams of Wax or Shatter for $25
2 grams of Wax or Shatter for $25
Colorado Springs - Medical
 5 Joints for $20.00
5 Joints for $20.00
Denver - Recreational
1/2 OZ OF TOP SHELF FLOWER $59.33
1/2 OZ OF TOP SHELF FLOWER $59.33
Denver - Recreational
Edibles: Buy One Get One Half Off!
Edibles: Buy One Get One Half Off!
Trinidad - Recreational

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