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Old 07-03-2008, 02:49 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,783,974 times
Reputation: 6435

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Drugs.

I don't do 'em. I drink, every once in a while. I think I had a drink like last August or something. But, I grew up around drugs. Mostly weed, but you could find the rest, if you wanted it. A 'lid" or 1 oz. of pot would go for about 80 bucks.

I see it is now $2506 bucks. An ounce.

How can people AFFORD THIS? Do they sell it by microgram now?

toledoblade.com -- Man on Ohio Turnpike charged in $4.7M marijuana bust

That's 4,170,000 worth of drugs...divided by 104... divided by 16.

I'm thinking "overly valued?" I knew some people, who...well not recently..but like a few years past, who smoked weed. I know they couldn't have afforded it at $2506 an ounce.

So, why such a large price? I don't get it. I sense it was overblown to look impressive and like "We're making a dent! WOOHOO!"

This might not belong in this forum...but hey...drugs (and the law enforcement that comes with it) are BIG business.

Ever hear of "Prison stock?" No? Really? Prisons are big business, too.


prison stock - Google Search

3 prison stocks poised to break out - MSN Money (http://moneycentral.msn.com/content/P105034.asp - broken link)
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Old 07-09-2008, 06:16 PM
 
Location: Right were I should be!
1,081 posts, read 1,642,645 times
Reputation: 1126
Well, look at the price of gas. When I first got my license (yes, they did have them WAY back then!) it was $.95/ gallon. Now it's over $4.00!!!! That's over 300% increase in 20 years.
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Old 07-09-2008, 09:44 PM
 
Location: DFW
40,922 posts, read 48,883,898 times
Reputation: 54907
There should be price controls on Pot and if the price gets to high the Govt should step in & bail us out.

I always thought by now Pot would be legal, it's much less harmful than booze. (I don't smoke) Think of all the problems here & in Mexico that would be cleared up if you could buy it down at the local liquor store.
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Old 07-10-2008, 07:13 AM
 
Location: Apex, NC
3,292 posts, read 8,526,459 times
Reputation: 3039
Quote:
Originally Posted by Siobjuan View Post
Well, look at the price of gas. When I first got my license (yes, they did have them WAY back then!) it was $.95/ gallon. Now it's over $4.00!!!! That's over 300% increase in 20 years.
Gas in some places was less than that 9½ years ago. I saw gas for $.69 a gallon at an interstate truck stop off of I-95 in GA back in Dec. 1998. Once we got into Florida we paid $1.25 a gallon and my jaw just about hit the floor from how expensive it was.
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Old 07-10-2008, 01:00 PM
 
Location: Ohio
24,624 posts, read 19,053,781 times
Reputation: 21733
Quote:
Originally Posted by 70Ford View Post
Drugs.

I don't do 'em. I drink, every once in a while. I think I had a drink like last August or something. But, I grew up around drugs. Mostly weed, but you could find the rest, if you wanted it. A 'lid" or 1 oz. of pot would go for about 80 bucks.

I see it is now $2506 bucks. An ounce.

How can people AFFORD THIS? Do they sell it by microgram now?
It's Supply & Demand, and they gladly steal from you for the money.
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Old 07-10-2008, 01:52 PM
 
Location: anywhere
1,731 posts, read 4,669,073 times
Reputation: 1889
Not that I would know anything about it lol but in Florida you can still get an ounce for less than $ 100.00. Must be some super duper stuff to be selling for $ 2500 an oz.
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Old 07-11-2008, 03:11 PM
 
Location: Maryland's 6th District.
8,358 posts, read 25,162,715 times
Reputation: 6540
104 pounds of high quality marijuana has a street value of less then $500,000 depending on how it is divvied up and sold. Like everything else, the price of dope is dependent on supply and demand, and with that, an ounce of the good stuff can go between $100 and $300 depending on the quality, your location and how dry the market is.

For the record, I do not smoke dope, nor do I sell it.
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Old 07-11-2008, 04:33 PM
 
Location: Apple Valley Calif
7,474 posts, read 22,821,961 times
Reputation: 5682
I have to believe the figure stated is a misprint. I'm an old, worn out dude way past the days of smoking, but I take some night school classes, and during breaks have heard the pot heads making deals for around $70 an ounce.
I would like to see it legalized, sell it for $100 dollars a pack, and that would be about 95% tax. Might ease some of our tax burden
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Old 07-11-2008, 10:27 PM
 
9,618 posts, read 27,247,484 times
Reputation: 5382
I don't believe the figure. Back in the day when there were major busts they always vastly exaggerated their hauls on the news..." Police seized 8 marijuana cigarettes today with an estimated street value of 15 housand dollars."
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Old 07-11-2008, 11:25 PM
 
Location: DFW
40,922 posts, read 48,883,898 times
Reputation: 54907
Quote:
Originally Posted by Ira500 View Post
I don't believe the figure. Back in the day when there were major busts they always vastly exaggerated their hauls on the news..." Police seized 8 marijuana cigarettes today with an estimated street value of 15 housand dollars."
Ira, maybe we should supply our clients when we list their house. They might be a little more laid back when we get in all those crappy lowball offers.
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