Originally posted by lukster
All I'm doing is asking what an ounce of pot costs today. I know what it cost 35 years ago but have no idea what an ounce costs today. I'm curious to see how low the "war on drugs" has driven it down as has been claimed by some here. I'll allow for inflation of course.
It drove up the price of pot, because it is alot harder to smuggle pot, it takes up alot of space, and you have to smuggle alot to make a buck. Cocaine was, and still is, alot easier to smuggle, so smuggling pot just wasn't worth the trouble, so smugglers turned to smuggling cocaine, flooding the market.
There was so much cocaine they didn't know what to do with it, it dropped to $25 a gram, with alot less cut. They were cooking into rock(crack anyone?), shooting it, you name it. Why pay $2000 for a pound of pot and barely make any money when you can get cocaine on the cheap, cut it, and make quadruple your money?
It was no longer the rich man's aspirin, anyone could afford it.
The war on drugs caused a flood in supply.