Wednesday, July 9, 2008

Wow!!!

Police Discover World's Most Expensive Marijuana
"A search of the vehicle yielded 104 pounds of hydroponically-grown marijuana stuffed inside eight black plastic trash bags. Police said the marijuana had an estimated street sale value of more than $4.7 million."

This is really an incredible discovery and I'm surprised it hasn’t generated more attention. At $4.7 million for 104 pounds, we're talking about an ounce that's worth $2824.51! That just blows away everything listed at High Times's market quotes section, where ounces of high-grade marijuana in Ohio last month were listed at $400. It also overwhelms the STRIDE data collected by drug enforcement officers showing that U.S. marijuana prices averaged around $200 per ounce as of 2003.

No comments: