This city has the cheapest weed in the world
The 2018 Cannabis Price Index has revealed the best places for bargain bud.
A new study from the marijuana technology company, Seedo, has determined the cities across the world where marijuana consumption is the highest, where tax revenues would be (potentially) the most lucrative and the cities with the cheapest weed in the world. The United States city with the highest marijuana consumption? That would be New York City, weighing in at 77.44 metric tons of marijuana consumed annually.
Seedo calls the study a “2018 Cannabis Price Index,” which examines factors like marijuana’s legal status, possible tax revenue from marijuana if taxed at the same level as cigarettes, and possible tax revenue from marijuana if taxed at the same level as the average U.S. marijuana taxes in legal states like Washington. Overall, the study looks at 120 international cities.
As to be expected, the cheapest weed in the world can be found in countries that have legal or relaxed marijuana laws. Taking the number one spot for the cheapest weed in the world is the mountainous city of Quito, Ecuador, where consuming marijuana is legal and Ecuadorian citizens can possess up to 10 grams of personal product. Here, residents can purchase marijuana for as little as $1.34 USD per gram. Bogota, Colombia takes the number two spot, at $2.2 USD per gram, which is no surprise considering that the cultivation of a limited number of plants and personal consumption of marijuana is decriminalized in the country. By contrast, the cheapest weed in the United States is Seattle, according to the index, where residents can purchase marijuana for as little as $7.58 USD per gram.
In terms of the United States cities with the highest volume of consumption, it’s easy to see why New York tops the list, at least when considering the city’s massive population. New York has 8.5 million residents. The city with the second highest volume of marijuana consumption in the United States, Los Angeles, is the second largest city in the country, with about 4 million residents. Los Angeles consumes 36.06 metric tons of marijuana annually according to the index.
New York City, in fact, was listed by Seedo as the city with the highest volume of marijuana consumption in the world. Interestingly, Karachi, Pakistan is number two on the list, smoking 41.95 metric tons of marijuana annually. Next on the list is New Delhi, India, which consumes 38.26 metric tons annually, followed by Los Angeles, U.SA.
While New York City legalized medical marijuana in 2014, recreational marijuana remains illegal. Still, the city is inching ever closer to legalizing marijuana for recreational use. Los Angeles, on the other hand, not only has much cheaper weed than New York but also has many dispensaries for residents to easily purchase marijuana from.
Unsurprisingly, the marijuana-averse country of Singapore is last on the list, consuming only 0.02 metric tons of marijuana annually.