High Times started printing weed prices in 1974 so buyers would stop getting fleeced by people who knew the going rate. Trans-High Market Quotations is now a live index at index.hightimes.com, and we want your numbers next.
In the summer of 1974, High Times magazine, under the guidance of its very young editor-in-chief, Ed Dwyer, began printing weed prices submitted by anonymous field informants scattered all over the country. It was an act of rebellion, like the magazine itself. Trans-High Market Quotations also served the noble purpose of letting readers know a little about the quality and price of weed, helping show that marijuana was just another product that could be bought and sold like forks, T-shirts, cars or baby wipes. So what was the big deal if a young woman buying a quarter in Cleveland could see that her dealer had marked it up 100 percent over the going rate in Detroit?
The first issue of Trans-High Market Quotations, from High Times Magazine – Summer 1974
Trans-High Market Quotations came from mailed-in notes from readers and back-channel networks of the people actually doing the buying, and it ran for decades. It was analog crowdsourcing before the term existed, and it was, in the exact, useful and militant sense, a piece of consumer protection established in the vacuum prohibition had created.
That’s why we decided to bring it back. This time, it’s interactive. It runs on daily point-of-sale data from Hoodie Analytics, a cannabis market data and analytics firm, covering 12,000 licensed dispensaries across the country and backed by more than 4,000 direct POS integrations.
So, yeah, something’s changed.
You can now see what an eighth costs in your state, in the state next door and everywhere else with legal retail sales. It updates monthly and, of course, it’s free.
It …
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Author: Rolando García / High Times