Report: Recreational Prices Stabilizing in Colorado
After dropping sharply in the first part of 2015, recreational marijuana prices in Colorado have somewhat stabilized in recent months, according to a survey of cannabis stores.
The survey, spearheaded by the research firm Convergex, found that prices for an eighth of an ounce averaged between $30-$45 in June vs. $50-$70 a year earlier. But they essentially held steady throughout the summer this year.
The same trend played out with larger quantities, with ounces down to $300 on average compared with $300-$400 in June 2014. Some stores were even selling ounces for as little as $200 this summer.