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Cannabis Pricing Guide: How Much Can I Expect To Pay?

Cannabis Pricing Guide

As consumers, we’re always on the lookout for the best prices. More importantly, as a medical marijuana patient, you want to get the most out of your money when visiting a cannabis dispensary. Whether you’re a cannabis enthusiast or a first-time user, understanding the concept of the amounts and cannabis price can sometimes be confusing. Luckily, we’ve done the legwork and research to provide a helpful guide that can help you better understand and prepare for your next trip to the dispensary.

What is a Gram, Eighth, Quarter, Half, or Ounce of Cannabis?

Before getting into the prices of cannabis, it’s first important to know the measurements and quantities to know exactly what you’re going to get. Cannabis is sold in predetermined denominations, including a gram, eighth, quarter, half, and ounce. These quantities can be broken down into the following:

  • 1g = 1 Gram (equal to about 1 to 2 joints worth of cannabis)
  • ⅛ ounce (Eighth) = 3.5 grams
  • ¼ ounce (Quarter) = 7 grams
  • ½ ounce (Half) = 14 grams
  • 1 ounce = 28 grams

If you are a beginner at using cannabis, you may still wonder what these quantities look like exactly. The chart below can help serve as a visual guide to help you get a better idea of how much cannabis is right for you.

A gram is the smallest amount typically purchased from a dispensary. This is a great option if you are brand new to trying cannabis flower or if you’re looking to test out a new strain without breaking the bank. On the other hand, if you have a specific strain that you enjoy and provides you with the most relief, you will most likely purchase it in larger quantities such as an eighth, quarter, or half.

What is the Average Cost of a Gram, Eighth, Quarter, Half, or Ounce of Cannabis?

Although cannabis pricing is typically sold in the same weights and quantities, each can be drastically different. The following below highlights the average range of cost for each measurement.

  • One Gram: $10-20
  • Eighth: $30-$60
  • Quarter Ounce: $60-$130
  • Half Ounce: $100-$225
  • Ounce: $200-$350

While these are just average prices, the cannabis cost will vary from state to state. For example, according to The Oxford Treatment Center, the average cost of an ounce of high-quality cannabis pricing in different states such as Oregon, Colorado, and California is around $237. However, in other states like North Dakota and Maryland, the average cost is about $372. At the same time, in Washington, DC, it can be as high as $598 an ounce.

Cannabis Measurement & Price Guide

How Much Does it Cost?

What’s The Measurement?

How much is a gram of weed?

$10-$20
1g=1

How much is an eighth or 8th of weed?

$30-$60
1/8 oz (eighth) = 3.5 grams

How much is a quarter of weed?

$60-$130
1/4 oz (quarter) = 7 grams

How much is a half of weed?

$100-$225
1/2 oz (half) = 14 grams

How much is a ounce or zip of weed?

$200-$350
1 oz = 28 grams

How much is a quarter pound of weed?

$600-$1200
4 oz (1/4 lb) = 113.398 grams

How much is a pound of weed?

$2000-$3000
16 oz (1 lb) = 453 grams

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What Factors Can Affect The Price of Cannabis?

So why does the price of cannabis vary so much in each state? There are a few factors to keep in mind that can impact the cost of dispensaries across the United States.

Supply and Demand

One of those factors includes cannabis supply and demand. If the demand for cannabis is high but supply is low, dispensaries can charge higher prices for the product. On the flip side, when supply is greater than demand, this can benefit consumers. Suppose there is a high supply of cannabis. In that case, dispensaries will start to compete on prices with other facilities in the area to find an attractive price point for consumers. In this case, buyers will have the opportunity to seek and select the best prices.

Taxes

Whether you reside in a state where cannabis is legalized medicinally, recreationally, or both, you will have to pay some form of taxes on your purchase. Three types of taxes can be added: sales, excise, and local jurisdiction tax. These tax rates will vary depending on the state and location. In recreational states such as Michigan, the excise tax is 10% of the retail price, while it is subject to up to 37% in Washington, D.C. However, some states, such as Washington and Maine, offer exemptions for specific taxes for medical marijuana patients. This can be beneficial for saving money on trips to the dispensary.

The Quality of the Product

As expected, higher-quality cannabis will be priced at a higher rate. In comparison, lower-quality cannabis will be priced at a lower rate. Factors such as the THC content, growing methods, and production process can contribute to a higher quality product.

Fortunately, since medical marijuana supports treating specific medical conditions and ailments, it will contain the best quality. Therefore, it is important to remember that the most expensive product(s) does not always mean they will work the best, especially since every patient is different and will experience different effects.

If you are still unsure about what products to purchase when visiting the dispensary, don’t hesitate to speak with your budtender to talk about your symptoms and budget so they can help make recommendations that are best suited for you and your needs. Many dispensaries can also offer special discounts for patients, so be sure to check with your local facility and see if they are running any current promotions that can help you save some extra cash.

Get Your Medical Marijuana Card in Michigan to Access Dispensaries!

If you’re interested in gaining access to dispensaries and purchasing medical marijuana, you will first need to obtain your medical marijuana card. Visit our How To Qualify by State for medical marijuana to learn how you can qualify and what My Marijuana Cards’ state-certified marijuana doctors can do for you! You can also give us a call at 877-783-1805, and our friendly patient coordinators will schedule an appointment and walk you through the process of receiving your own medical marijuana card.

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