Here’s How Much a Pack of Marijuana Joints Could Eventually Cost
How much would a marijuana cigarette cost? Since legalization in Washington and Colorado, an old jokeВ вЂ” Marlboro GreensВ вЂ” has been making the rounds again, starting with an article in the satirical publicationВ Abril UnoВ that claimed Phillip Morris will be introducing Marlboro Marijuana smokes.
The smokes aren’t real, but it has people thinking about what the final retail price of such a product would be.В According to Fast Company, it would cost Phillip Morris somewhere in the neighborhood of $40 on the low end to make a pack of pure-marijuana cigarettes, while mixed marijuana-tobacco cigarettes might be as cheap as $20. A production cost of $40 means thatВ a pack of the good stuff could cost the consumer up to $70-80 at retail. Premium marijuana could run up to $120, while you could grab a pack of 50-50 marijuana-tobacco cigarettes for about $40.
Wait a second . В ButВ Forbes’ Tim Worstall points out that there’s a big hole inВ Fast Company’s analysis: they “model the tax take and likely retail prices given the current producers’ prices” вЂ” i.e., what it currently costs marijuana producers in the U.S. to grow and prepare a gram of weed.В “They’re not, in any manner, trying to model or calculate producers’ prices themselves: they’re simply an assumption going into their model.” That’s a big flaw, because the marijuana industry is “highly fragmented, very inefficient and it is both of these things because it is still illegal.”
If Big Tobacco decided to dive into the weed business, the very first thing they’d do is investigate how they can bring production costs down using the same techniques they used to make machine-rolled cigarettes so cheap. In Malawi, for example, growing a kilogram of weed costs just $3. And packaging and distribution costs would be somewhat similar to regular cigarette prices, resulting in a much different estimate of a production cost of 50 cents per pack. Worstall also predicts that after liberalization of the marijuana market, the price crash will be followed by tax changes and calls for protectionism in favor of U.S. producers. All told, marijuana cigarettes could be much cheaper than Fast Company’s analysis would imply.
Will this actually happen?В That said, Big Tobacco has no plans to get involved in the marijuana business anytime soon, seeing as weed remains very illegal on a federal level. And even if that particular barrier is breached, retailers will have to jump on board selling a very controversial product which might have 50 very different regulatory regimes for each state. Meanwhile, smokers might be suspicious of Big Tobacco-produced marijuana products when buying high-quality weed at a local dispensary is a good option, and options like e-cigarettes and vaporizersВ could prove to be more popular. There’s definitely a market for such a product, but if it happens at all, it’ll be decades from now.
How much would a marijuana cigarette cost? Since legalization in Washington and Colorado, an old jokeВ вЂ” Marlboro GreensВ вЂ” has been making the rounds again, starting with an article in the satirical publicationВ Abril UnoВ that claimed Phillip MorrisвЂ¦
Pack of marijuana cigarettes
Next time you try to bum a cigarette from a stranger on the streets of Toronto, Montreal, or Vancouver, there’s a possibility that you’ll luck out and end up puffing on a perfectly rolled joint.
According to The Deep Dive, licensed Canadian cannabis company THC BioMed is releasing a new product called “Pure Cannabis Cigarettes,” machine-made pre-rolls with filter tips and a general appearance identical to that of a traditional tobacco cigarette.
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The new product will not contain any tobacco, nicotine, or other added chemicals. Other than a more discreet appearance, it is not exactly clear what benefits will come along with having a cigarette filter on the end of a joint. That said, THC BioMed claims its machinery is capable of producing 5,000 cannabis cigs per minute, and hopes that the unique design could lead to a huge shift in Canada’s popular pre-roll market.
“We are pleased to be the first cannabis producer to put filters between the cannabis we are selling, and our consumers,” THC BioMed president and CEO John Miller said in a press release. “Filters were invented to protect the consumer and not degrade the experience.”
Canada's THC BioMed says it will bring the country’s first “cannabis cigarette” to market, with packs of machine-rolled joints that look identical to tailor-made cigs.