As you sit back, relax and inhale the doobius holiday that is 4/20, remember this: Life could be even better.
If the country legalized pot, the drug could be farmed and produced for about $10 per pound -- or about 62 cents per ounce -- assuming it was produced in the same manner as similar products like tea, according to American Interest magazine. That doesn’t mean you could get your thrills for that cheap -- the figure is just the cost of production, before retail markup, taxes, testing, etc.
But that weed habit -- or occasional, social use amongst friends -- could be burning a much smaller hole in your pocket if marijuana was legal. A widely cited 2006 study puts the per-ounce production cost of marijuana at around $100, much higher than the American Interest’s post-legalization estimate.
To measure it another way, pot retails for something around $300 per ounce these days, according to a Slate report from last year. But when Washington and Colorado legalized marijuana for recreational use last year, many experts estimated that the per-ounce cost could drop to as little as $3 as a result.
As American Interest notes, legalization “would make marijuana like bottled water in the sense that the cost of producing the good would be a second-order consideration; most of the final price would come from quality-control inspection, packaging, distribution and retailing." In other words, the cost of production would no longer drive the retail price.
Still, there is one way in particular in which legalization could tack on extra costs: taxes. Last month, Colorado lawmakers weighed a bill that would tax marijuana at rates of up to 40 percent in some areas.
Once you pop... you just can't stop thinking of gross potato chip flavors.
Selfy The EasyBed
It's a bed made for lazy people! No lie, this thing apparently makes itself, <em>and</em> it's <a href="http://www.ohgizmo.com/2008/04/03/selfy-the-self-making-bed/" target="_blank">called Selfy</a>, meaning the universe might literally implode if someone took a picture of themselves on it.
Hard to believe <a href="http://www.huffingtonpost.com/2012/03/23/tacocopter-startup-delivers-tacos-by-unmanned-drone-helicopter_n_1375842.html" target="_blank">taco transportation wasn't the reason helicopters were invented in the first place</a>.
Clairol's Touch Of Yogurt
To think of this product, someone had to imagine that <a href="http://prezi.com/fdcteh4xps_j/clairols-touch-of-yogurt-shampoo/?utm_source=website&utm_medium=prezi_landing_related_solr&utm_campaign=prezi_landing_related_author" target="_blank">yogurt had fingers.</a>
<a href="http://uncrate.com/stuff/starseeker-chair/" target="_blank">Dude, the stars. </a>
Losing stuff is a total bummer, man, especially when it's your <a href="http://www.lighterleash.com/home.html" target="_blank">lighter mid-way through the first set</a> of a Phish concert.
Maple syrup on the INSIDE?
Hot Dog Stuffed Pizza
Inside the crust? ARE YOU KIDDING ME?
Spray On Condoms
Sadly, that the user <a href="http://www.huffingtonpost.com/2012/01/06/worst-product-launches-ever_n_1182219.html" target="_blank">had to wait a few minutes for the the spray-on latex to dry</a> made this product doomed from the start.
Butter Stick Type
But the glue stick was such a success? <a href="http://www.buzzfeed.com/babymantis/20-odd-inventions-awesome-or-totally-pointless-1opu" target="_blank">Let's blame this product's failure on its unexplainable name.</a>
We can't figure out why these haven't caught on.
Just watch the video.
Cocaine Energy Drink
"No, we're just going to call it cocaine, <a href="http://saleshq.monster.com/news/articles/2655-the-20-worst-product-failures" target="_blank">but it's actually NOT cocaine. Get it? DO YOU?</a>.
<a href="http://www.neimanmarcus.com/p/Fresh-Cannabis-Santal-Eau-de-Parfum/prod31890055/" target="_blank">All the stink, none of the smoke.</a>
A pet you don't need to <a href="http://www.petrock.com/" target="_blank">remember to feed, walk or look after in any way whatsoever</a>. Sounds about right.
Whoever thought of this had been smoking marijuana. <a href="http://www.handerpants.com/" target="_blank">There's no question in our minds.</a>
Watch this thing to Pink Floyd's <em>Dark Side of the Moon</em>. Just trust us.
Because for apples, it's a sweater a day that keeps the doctor away.