Oregon has cheapest cannabis in nation, according to industry study

Cannabis prices across the U.S. vary greatly depending on the state. Oregon, for example, features the cheapest over-the-counter legal marijuana for customers to purchase, at an average price of just $199, according to a new report compiled by California-based Pacific Stone.

The Pacific Stone team found, based on 383,000 “user-submitted marijuana prices” from the website priceofweed.com, that the national average of an ounce of cannabis is roughly $290.22, but at least 10 states offer cheaper prices.

The underlying data, however, doesn’t discern between legal and illegal sources. For instance, the list includes Idaho at number eight, despite the fact that Idaho is one of the few states in the nation that has no legal cannabis market whatsoever, whether medical or recreational. Of the others in the top 10 least expensive states, Mississippi has legalized only medical cannabis, while the rest have functioning adult-use marijuana markets.

Those 10 and their corresponding average price for an ounce of marijuana include:

At the other end of the spectrum, with supposedly the most expensive marijuana in the nation, sits North Dakota, which comes in at an average price of $357 for an ounce of flower.

Prices in all of the states vary depending on flower quality, the report’s authors noted, with top shelf cannabis in Oregon jumping to an average of $211, in California to an average of $257, and in Mississippi high-quality flower commands an average price of $349.

The cheapest prices to be found are likely thanks to the highly competitive natures and “favorable regulations” of the Oregon, Washington, Colorado and California markets, said Colin Graham, vice president of marketing at Stone Pacific.