Quoted from poppapin:And they were @ 35 cents
I remember seeing 50 cent packs like it was yesterday. That worked out to 2.5 cents per cigarette. At the time, a dime bag of weed was $10 and yielded 5 good blunts at $2 each.
Flash forward 45 years to the present. $8 per package of cigarettes is 50 cents each cig and reflects a 2000% increase. Cigarettes prices grew 18% per year. A nice prerolled blunt of weed is $10 and reflects a 500% increase. Weed prices grew 7% per year, slightly higher than the average 3.1% annual inflation rate.
However looked at by another basis, how much medication is delivered. Cigarettes are essentially the same today as they were then. Weed, however was bred to be more potent. Average weed seized by DEA has 4 times more potency than older weed. There was little change in thc levels from 1975 til 1995. High end weed registers 20-30% thc and that is 7.5 times increase in potency. In a general sense, over the past 45 years - weed got better by a factor of 7.5 times while pricing grew 4% over the rate of inflation. In college classrooms, that would be considered the gold standard of a healthy industry.
Regina, SK
Mojave Desert, NV
I have one of those Coffee Inns changers out in my garage. got it for $20 at a good Will store. Only problem was it was missing the door keys and the tubes assembly for the coins.
Bermuda Triangle
