From $210 to $387, wow! Do you guys agree with the averages here?
The Colorado price seems a bit high versus what I see around here. Maybe there are super expensive high end strains that are skewing the averages?
I’m guessing a few different things:
- Averages tend to get skewed towards extremes. Median values are more useful for general statistical purposes.
- Colorado has higher taxes on cannabis than other states.
- Colorado has more variety, including craft cannabis, which might skew the market towards more expensive.
- Colorado has stricter regulations as far as I know, which increases the cost of business, and thus price.