“$50.00 tax per ounce?
Great. The stuff can’t cost that much on the street.”
They’re paying several hundred dollars an ounce, although they usually buy it in much smaller amounts than whole ounces. The Mexican stuff they see a lot of in Southern California isn’t super expensive but probably costs more than $50 an ounce except for maybe right on the border. The stuff they grow in Northern California goes for several thousand dollars a pound and several hundred dollars an ounce. I’ve read about prices at these medical marijuana dispensaries and people are often paying $20 or $30 a gram at these shops. Fifty bucks an ounce would amount to a tax of less than $2 a gram.
Thank you, I did not know that. I figured it was about $100.00 a pound since they always show people with quart baggies full of the stuff.
Add that to the list of vices too rich for my blood.