Taxing Cannabis

Taxing Cannabis = £6.5 b

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Tuesday, 25th September 2018

Cannabis Prices

UK Cannabis Price Trends (1994-2008)

Cannabis Prices – The price of the two most common types of cannabis rose significantly in 2008, confirming the increases in 2007 to be the start of a trend rather than a ‘blip’. This increase was seen at all market levels. Soap-bar resin prices, which hit a 20-year low in 2006 have clearly bottomed out, and Skunk prices have risen sharply after a decade of stability.

cannabis price trends 94-08
Cannabis Resin – A price of £10 per eighth is still the going rate for Soap-bar resin, with a range of £5-£15, but more £15 reports than £5 for the first time since 2003. Other varieties (e.g. Asian Black, Flat Press) are typically £15-£20 per eighth, with higher prices still for high-quality ‘Pollen’ and ‘Charas’, and ‘Skuff’ when available.

Herbal Cannabis - An eighth of ‘Skunk’ would now cost between £20 and £25, rather than between £15 and £25 a couple of years ago. Homegrown (whole plant or leaf only) prices, where available, range from ‘free’ to around £20 an eighth (very cheap in bulk), and an eighth of Imported Bush would typically cost £10, £15 or £20 depending on quality and local factors.