re: Colorado Sees Marijuana Prices Soar After Legalization

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The prices will come down as the buying and selling stabilizes. They won't fall drastically. Maybe 300 per oz, or there about

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The price will drop to significantly lower than $300 per ounce once competition among growers increases. The cost of setting up the desired controlled growing environment will decrease significantly since the operators will not have to take measures to avoid law enforcement. The growing operations will expand to take advantage of economies of scale. The price for marijuana will decrease to somewhere close to the cost of production plus a reasonable profit for the growers. And the cost of production for growing a single unfertilized female marijuana plant to maturity, yielding approximately one pound of buds, is nowhere near the $4,800 proceeds at $300 per ounce.