MAPSTATS

2018 Cannabis Price Index

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  • Tokyo, Japan has the most expensive cannabis, at 32.66 USD per gram.
  • Quito, Ecuador has the least expensive marijuana, at 1.34 USD per gram.
  • Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed, with 156.40 million USD per year. New York City also has the highest consumption rate of cannabis, at 77.44 metric tons per year.
  • Cannabis costs $10.76 per gram in New York, USA.

 



Further findings:

New York City, USA has the highest consumption rate of cannabis, at 77.44 metric tons per year.

Boston, USA has the most expensive cannabis of all the cities where it’s legal, at 11.01 USD, while Montevideo, Uruguay has the least expensive at 4.15 USD.

While Tokyo, Japan has the most expensive cannabis of all cities where it’s illegal, at 32.66 USD, Jakarta, Indonesia has the least expensive at 3.79 USD, despite being classed as a Group 1 drug with harsh sentences such as life imprisonment and the death penalty.

For cities where cannabis is partially legal, Bangkok, Thailand has the most expensive at 24.81 USD, while Quito, Ecuador has the least expensive at 1.34 USD.

Bulgaria has the highest tax rates for the most popular brand of cigarettes, at 82.65%, while Paraguay has the lowest, with rates of 16%.

Cairo, Egypt would gain the most revenue in tax if they were to legalise cannabis and tax it as the same rate as cigarettes, at 384.87 million USD. Singapore, Singapore would gain the least, at 0.14 million USD, due in part to the city’s low consumption of marijuana at 0.02 metric tons per annum.

Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed, with 156.4 million USD per year. Singapore, Singapore would gain the least, at 0.04 million USD.

[source: weedindex.io]

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