MEDICAL CANNABIS - PRE-1937 PRICING
The following Price Data was taken from the Druggist Circular Magazine [Red Book, Bi-yearly Price Guide]. Note that to the uninitiated, the prices seem to have no rhyme or reason. However, if one notices the dates and those of the great milestones (such as the great depression etc.), soon a sense of order comes into being.
The following tables [Tincture & Fluid Extract] are included for price comparison. Note that it doesn't require one Lb. of medical Cannabis to manufacture a pint of Cannabis tincture (which is about 80% alcohol), and certainly not a pint of fluid extract (which also includes water). However, it did require a bit of manufacturing; which implies labor costs, lab., equipment etc. These differences really show up during the depression when the price of ALL herbs dropped sharply.
Other tables exist for Granulated as well as Powder Cannabis, however, they seem to have been sold by the oz. (even at the wholesale level), which implies that these products were meant for the retail trade.
Pricing data, after the passage of the anti-Medical Cannabis laws is a little hard to obtain. As one trade magazine reported:
OIL PAINT & DRUG REPORTER --- Sep. 20, 1937 - pp 52.The author had to read that article three or more times until it made sense. Simply put, that trade magazine stopped listing the price of Cannabis after the law took effect.
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