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Sure enough, thereâs good reason to keep searching those prices. The price of a recreational eighth of marijuana flower at a dozen prominent Colorado pot shops from January 2014 ($53.88) to December 2014 ($48.95) dropped by 9 percent, according to Denver Post data. And now, the whole U.S. map: (fixr.com).
Though more retail licenses are issued for medical pot than recreational, the number of recreational stores increased 110 percent, Coloradoâs Marijuana Enforcement Division says. In January of this year, recreational marijuana sales were worth $36.4 million, a CNBC report says. This incredible boom, analysts say, is creating fertile ground for a âprice warâ that is likely to bring the cost of recreational cannabis down drastically in 2015.