What is the fair price for premium buds in Thailand?
California has a legal weed market, and top grade buds are $USD 6-7/gram - so less that 250 baht per gram.
Cost of production;
California's minimum wage is about 4,000 baht/day - most workers earn more. Those wages are paid to all of the workers in the marijuana production, distribution, and retail supply chain.
California land and rental prices are some of the highest in the world
California taxes the heck out of all the Marijuana businesses involved in the production and supply chain, plus adds a per pound tax on harvested plants and a per ounce tax on retail weed.
The licensing process in California is expensive and takes a long time
Thailand's cost of production;
Thailand's minimum wage is 10% of that in California
Thailand's land and rental prices are significantly less than California to say the least
Thailand doesn't currently have any special taxes or licensing on Marijuana (ya that might change soon but it's unlikely to be huge)
So if California can produce top quality buds at 250 baht per gram - what's the right price in Thailand?