ststephen
Member
With the passage of Proposition AA allowing for up to a 25% tax on retail marijuana and an addition 3.5% passed in the City of Denver, you may be paying more for your marijuana than before, even true for Medical Marijuana Patients.
A $25 1/8th of Retail will have over $7 taxes added to it, a $35 1/8th will have about $10 added to it. Combine this with the fact that, generally, inventories are LOW in the Denver area and the new demand coming January 1, 2014 with retail marijuana, and I expect prices to go UP. Some of your budget growers are already inching prices up, expect some of them to add $5 to each 1/8th as demand increases and inventory falls.
Medical Marijuana Patients may see shortages due to retail demand. I recommend stocking up with your favorite strains if you are a medical patient.
WANT to AVOID all these TAXES? Grow your own!
A $25 1/8th of Retail will have over $7 taxes added to it, a $35 1/8th will have about $10 added to it. Combine this with the fact that, generally, inventories are LOW in the Denver area and the new demand coming January 1, 2014 with retail marijuana, and I expect prices to go UP. Some of your budget growers are already inching prices up, expect some of them to add $5 to each 1/8th as demand increases and inventory falls.
Medical Marijuana Patients may see shortages due to retail demand. I recommend stocking up with your favorite strains if you are a medical patient.
WANT to AVOID all these TAXES? Grow your own!