Colorado Average Cost of Marijuana 2024
- Colorado Cannabis
- Cannabis Business in Colorado
- Colorado Average Cost of Marijuana
Average Annual Market Rates For Unprocessed Retail Marijuana in Colorado
The data shows the annual average prices a cannabis business in Colorado paid for the unprocessed product.
Key Points:
- Cannabis bud prices reached a new low in 2023, when they dipped below $700 per one lb (under $45/oz.)
- Trim is typically purchased for between $300 and $400
- Individual plants can sell for between $10 and $100, depending on the stage of the growth
- Seeds are typically $5-$10 each.
| Year | Bud ($/lb) | Trim ($/lb) | Bud Allocated for Extraction ($/lb) | Trim Allocated for Extraction ($/lb) | Immature Plant ($/ea) | Wet Whole Plant ($/lb) | Seed ($/ea) |
|---|---|---|---|---|---|---|---|
| 2024 | $658 | $192 | $454 | $40 | $15 | $75 | $8 |
| 2023 | $690 | $239 | $312 | $46 | $14 | $84 | $9 |
| 2022 | $779 | $276 | $281 | $157 | $11 | $138 | $4 |
| 2021 | $1,414 | $401 | $583 | $254 | $10 | $186 | $5 |
| 2020 | $1,199 | $330 | $536 | $219 | $9 | $180 | $6 |
| 2019 | $859 | $368 | $227 | $189 | $6 | $157 | $5 |
| 2018 | $971 | $484 | $296 | $288 | $6 | $174 | $4 |
| 2017 | $1,343 | $439 | N/A | N/A | $6 | $226 | $4 |
| 2016 | $1,882 | $485 | N/A | N/A | $10 | $209 | $2 |
| 2015 | $1,868 | $370 | N/A | N/A | $8 | N/A | N/A |
| 2014 | $1,876 | $296 | N/A | N/A | $9 | N/A | N/A |
Last updated: October 2, 2024
Source: Colorado Department of Revenue
