As Medical Marijuana Proliferates, Recreational Marijuana Prices Decline

Recreational users of marijuana are seeing price cuts on the street thanks to the growing number of states that have approved the drug for medicinal use. The price of cannabis, of course, varies wildly — depending on the strain purchased, its potency and the parts of the plant. Top quality pot in New York, for example, costs nearly $442 per ounce, while low quality is just $161, according to one website that tracks costs, PriceofWeed.com. On the whole, though, prices have been dropping nationwide over the past three to four years.