We built a map with data from the 2018 Cannabis Price Index, a study that condenses data collected by the United Nations Office on Drugs and Crime (UNODC) and other research.
The travel itinerary of a dedicated pot smoker is never complete if it doesn’t include research on the cost of weed in the country they’re slated to visit. Not only is it wise to avoid being ripped off, but it’s also important to know how much you’ll have to save up to budget accordingly. And even though lingering global drug prohibition means it’s still difficult to collect conclusive data—especially given the vast number of variables that factor into the street sale of weed around the globe—there is data out there that can help.
Seedo, a company that manufactures devices geared toward growing weed, recently published the 2018 Cannabis Price Index, a ranking developed by using information from the UN’s Office on Drugs and Crime (UNODC). According to the company, its objective was “to illustrate the constant need for legislative reform regarding cannabis use around the world” and “to determine if there are some lessons that we should learn from cities in [the] vanguard of marijuana legalization.”
The study includes 120 cities from around the world, among them some where the use of marijuana is still penalized and others where the drug is at least partially legal. In addition, Seedo developed a framework for calculating the potential tax revenues legalization might bring to cities (we didn’t include it in our map below, but you can find the complete table here), comparing the taxes on marijuana in cities where it’s legal with the taxes imposed on cigarettes.
Uri Zeevi, chief marketing officer of Seedo, said that all of this illustrates how, “[by eliminating] the criminal component of marijuana, governments could regulate production in a more secure manner, robbing criminal gangs of their power and—as we show in this study—generating enormous tax revenues for the development of countries.”
To determine the price per gram, the study’s authors conducted surveys at the local level, adjusting their findings with statistics obtained from the 2017 World Drug Report by the UNODC. These averages may be outdated—the price of weed in any given city on any given day obviously depends on the quality and whims of a dealer, among other things. For example, in Bogotá, Colombia, we know from experience that you can buy a gram of weed for 2,000 Colombian pesos ($0.70 USD), despite the fact that the study set the average street value at $2.20 USD (approximately 6,000 Colombian pesos)….
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