Marijuana Price-Guessing Contest Winner Announced

In February, the Center for New Revenue announced a publicity stunt:  “What will Colorado’s Average Market Rate for flower be as of January 1, 2021?  It’s $1,316 [per pound at wholesale] today.  Best guess wins $100.  Enter at CO2021@newrevenue.org.”

Colorado’s AMR is out – and the “retail bud rate” is $1,721 per pound – way higher than a year ago.  The pandemic may have boosted demand and prices. 

The winner of the contest is Scott Atkinson, owner of retail locations in Tacoma, Seattle, and Clarkston, Washington.  He said this:  “Please keep the $100 or use it for the next contest – I appreciate that you are driving a conversation and would love to see more participation.”  I appreciate that gesture, but I need to keep my commitment somehow, so we agreed to donate the cash to NORML.

Links:

https://newrevenue.org/2020/02/23/100-prize-for-guessing-colorado-weed-flower-tax-amr-for-q1-2021/

https://tax.colorado.gov/average-market-rate

With $1 tip:

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