“Between the demand — which will be much greater than supply — and the additional tax burden, it would not surprise me to see eighths that go for $25 in a medical environment go for $50 in social,” says Denver Relief co-owner Kayvan Khalatbari. “My guess is Denver Relief will sell social-use eighths between $50 and $60 when we are able to do so in February.”
So while most tourists headed to Denver to purchase legal marijuana won’t notice too much of a difference in prices here compared to what they’re used to in surrounding states, home-town smokers may be driven to either continue purchasing their marijuana on the black market — where it currently bounces between $25 and $35 an eighth — or simply go out and apply for a medical marijuana card, the price of which will drop to $15 early next year.
Read more: Are recreational marijuana prices in Denver headed sky high?
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