{"id":8836,"date":"2019-09-18T00:36:38","date_gmt":"2019-09-18T00:36:38","guid":{"rendered":"https:\/\/www.denverpost.com\/?p=3653641"},"modified":"2019-09-18T00:36:38","modified_gmt":"2019-09-18T00:36:38","slug":"colorados-average-price-of-a-pound-of-wholesale-marijuana-grows-for-fourth-straight-quarter","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/colorados-average-price-of-a-pound-of-wholesale-marijuana-grows-for-fourth-straight-quarter\/","title":{"rendered":"Colorado\u2019s average price of a pound of wholesale marijuana grows for fourth straight quarter"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/colorados-average-price-of-a-pound-of-wholesale-marijuana-grows-for-fourth-straight-quarter\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><div class=\"media_block\"><\/div>\n<div><img src=\"https:\/\/cannitrol.com\/blog\/\/wp-content\/uploads\/2019\/09\/colorados-average-price-of-a-pound-of-wholesale-marijuana-grows-for-fourth-straight-quarter.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p><a href=\"https:\/\/www.denverpost.com\/2019\/09\/17\/colorado-price-wholesale-marijuana\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+dp-news-marijuana+%28Denver+Post%3A+News%3A+Marijuana%29&amp;utm_content=Google+UK#comments-anchor\"><span class=\"spot-im-replies-count\" data-post-id=\"3653641\" \/><\/a><\/p>\n<p>Like a hiker with a fourteener fix, the price of wholesale pot just keeps climbing in Colorado, according to the state statistics.<\/p>\n<p>Between May 1 and July 31, the average price of a pound of dried marijuana sold wholesale to stores hit $999, according to the Colorado Department of Revenue. That\u2019s a nearly $150 jump over the $850 average the state recorded in July.<\/p>\n<p>The $999 average market rate price, a figure used by the state when assessing its <a href=\"https:\/\/www.denverpost.com\/2017\/05\/02\/marijuana-tax-hike-15-percent\/\">15% excise tax<\/a> on retail marijuana sales and transfers, takes effect Oct. 1. It marks the fourth straight three-month reporting period during which the cost of bud rose. In October 2018, a pound <a href=\"https:\/\/www.denverpost.com\/2018\/12\/21\/colorado-price-wholesale-marijuana-increases\/\">was going for $759 on average<\/a>. <\/p>\n<p>The average cost of buds destined to be turned into extract products also rose during the reporting period, hitting $254, up from $227. Whole undried plants rose to $173 per pound from $152 and average seed costs rose to $5 each from $4. The prices of wholesale trim and immature plants were flat at $325 per pound and $8 apiece respectively.<\/p>\n<aside class=\"related right\" \/>\n<p>The record average price per pound of wholesale bud was set in January 2015 at $2,007, <a href=\"https:\/\/www.colorado.gov\/pacific\/sites\/default\/files\/AMR_PriorRates_Oct2019_0.pdf\">state data shows<\/a>. The last time the average price per pound was over $1,000 was in April of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"media_block\"><\/div>\n<p>Between May 1 and July 31, the average price of a pound of dried marijuana sold or transferred from a commercial grow operation hit $999. That&#8217;s a nearly $150 jump over the average the state recorded in July. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5062,1867,6813,77,6858,9,5019,6845,1,3,61,1736],"tags":[5063,4435,6818,2655,6860,5022,6846],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/8836"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=8836"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/8836\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=8836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=8836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=8836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}