This statistic presents the estimated price of legalized cannabis per gram, in the United Kingdom in 2018 by duty rate. The current black market price of one gram of cannabis was estimated to be 10 British pounds, almost twice as much as it would be, even with a duty rate of 30 per cent (6.24 pounds.)
Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate
(in GBP)
Duty rate
Estimated price of cananbis per gram (in GBP)
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IEA. (June 29, 2018). Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate (in GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/
IEA. "Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate (in GBP)." Chart. June 29, 2018. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/
IEA. (2018). Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate (in GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/
IEA. "Projected Price of Legalized Cannabis, per Gram, in The United Kingdom in 2018, by Duty Rate (in Gbp)." Statista, Statista Inc., 29 Jun 2018, https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/
IEA, Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate (in GBP) Statista, https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/ (last visited August 24, 2024)
Projected price of legalized cannabis, per gram, in the United Kingdom in 2018, by duty rate (in GBP) [Graph], IEA, June 29, 2018. [Online]. Available: https://www.statista.com/statistics/977361/price-of-cannabis-in-the-uk/