Study ranks Colorado third cheapest state to purchase marijuana in the country

The government of Colorado (the U.S. state with the most developed recreational marijuana market) estimates that only 60% of marijuana consumed in the state was purchased legally. In California, the legal medicinal cannabis market has over one billion dollars in annual revenues, which is only one third to one fifth of the size of the total market.

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A backlash is growing in a state where marijuana has quickly. a flood of newcomers coming to grow cannabis on cheap land, despite limited water.. Officials in Denver, which is home to one-third of the state's cannabis market, What plays out in Colorado may influence what happens across the nation.

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Among the cities in the states analyzed, Aurora, Colo., had the cheapest average dispensary prices at $192 an ounce. Grand Rapids, Mich. had the most expensive marijuana prices at $392 an ounce. Denver, which has a high concentration of dispensaries, has an average price of $219 an ounce,

Colorado’s one of the two best states to start a new marijuana business. That’s according to a new report, which ranks Colorado and California (where voters recently loosened the state’s marijuana.

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Instead, we can choose to live in some of the cheapest places in the country. Where a dollar of income goes way further than the big cities mentioned earlier. Take Mississippi, the cheapest state in the country this year according to MIT’s Living Wage data. A family of 2 adults and 1 child requires $48,537 to reach a living wage in Mississippi.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. So we used that cost of living index in order to rank all of the 75 places in Colorado that have more than 5,000 people. The place with the lowest cost of living in Colorado according to the data is Brush. There You Have It Mr.