The Colorado cannabis retail market generated $1.51 billion in sales of various cannabis products in 2017, according to Colorado Department of Revenue data released in February. Meanwhile, California cannabis sales are estimated to hit $3.7 billion by the end of this year, according to new research from BDS Analytics.
Just like any popular product, whether it’s a piece of gold jewelry, a new travel bag, or anything else, the price you pay can determine the quality.
Selling at around $800 per ounce, Loud Dream could be the most expensive weed in the world. Loud Dream is a Hybrid marijuana strain with strong berry flavors and is reported to leave users feeling “both creative and energetic”.
Cannabis is a controversial subject for some. But, no matter where you fall on the support spectrum, support for legalization of marijuana, pot, cannabis, or whatever you’d like to call it, is at it’s highest in five decades, according to a October 2017 Gallup Poll.
Pictured: a marijuana plant.
Today, in the spirit of Forbes and 4/20, we’ll be showing you what could very well be the most expensive marijuana money can buy.
For context, t he price for “medium to high-quality” weed in California is about $230.50, according to a sample size of 45,707 as per High Times. It’s also one of the strongest strains: made of 26 percent THC. Meanwhile, y our average strain has a THC level of just 18.7 percent, according to NBC News.
E ight states and the District of Columbia already offer recreational sales. Several other states have recreational bills on the ballot.
© Photo by Michael Fischer from Pexels
Selling at around $1400 per ounce, this could be the most expensive weed in the world.
The result is a potent marijuana smorgasbord: high-grade marijuana, with between 5 and 20 percent THC, infused with 30 to 80 percent THC hash oil. It also burns for long periods of time, notes Jake, although he adds a word of caution about taste: “It’s rough.”
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That’s putting it mildly. To try some for yourself, keep an eye out for “caviar” on the top shelf of your local dispensary. It’s also been called “California Raisins,” though as Jake notes, “That name is falling out of favor in the ongoing weed war between Colorado and California.”
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So you think you’re a connoisseur, what with your cans of Beluga, Kobe steaks and stash of 1998 Dom Perignon? Think again if you haven’t gotten your hands on cannabis caviar, a new kind of top-shelf marijuana popping up at Colorado dispensaries that sells for the astronomical price of $1,400 an ounce — nearly four times the average price of other high-grade strains.
It ain’t your grandpa’s pot. Caviar is made by soaking marijuana buds in a potent stain of hash oil — thick, sticky and concentrated liquid cannabis made from dissolving hashish or marijuana in solvents like acetone, alcohol or butane. Once the oil’s soaked into the marijuana buds, the whole shebang is allowed to dry for several weeks or months.
People looking for a smooth-tasting product should look elsewhere, he says. “It’s for people who want to smoke less, need longer effects, or have medical needs that absolutely require them to take large amounts of THC in. It’s going to have a stronger medical benefit.”
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So you think you're a connoisseur, what with your cans of Beluga, Kobe steaks and stash of 1998 Dom Perignon? Think again if you haven't gotten your hands on cannabis caviar, a new kind of top-shelf marijuana popping up at Colorado dispensaries that sells for the astronomical price of $1,400…