10/19/2020
WHY IS LEGAL MA*****NA SO PRICEY IN MASSACHUSETTS?
Massachusetts residents are paying a high price for legal ma*****na. Retail prices for cannabis in the recreational/adult use market range from $50-$60 for one-eighth of an ounce of flower. A vaporizer pen with cannabis concentrate averages over $50 compared to a similar product in other states with legal ma*****na like California, Colorado, Illinois and Oregon. Why the high price for the high here in the Bay State? Several factors contribute to the prices charged at local dispensaries. First, the seasonal climate here limits ma*****na cultivators to primarily indoor growing facilities that can have costly overheads to set up and maintain. Next, the statewide licensing process is costly and lengthy. "Four years after voters signed off on legal cannabis, there are just 36 cultivators and 70 retailers operating in the [Massachusetts] recreational market." See Boston Globe article 10/19/20 below. Other factors include the inexperience of Mass growers compared to longer established legal ma*****na states such as California and Colorado. As a result, "studies suggest that of the 20% of Mass residents who consumer ma*****na, a majority are sticking with the illicit (and illegal) market. While purchasing ma*****na at an adult use dispensary is legal here, purchasing ma*****na from "the dude" or friends is still a crime here. It is, however, also legal in Mass to grow your own ma*****na (6 plants per person and up to 12 per household) and to receive or gift ma*****na to others.
In most cases, cannabis here is even pricier than in other states that legalized the drug more recently.