This article was originally published on Goldleaf and appears here with permission.

Yes. For a variety of reasons, it is much more cost effective to grow your own cannabis than to buy cannabis from dispensaries.

Each year over the last decade, a number of new states have decided to legalize cannabis for recreational or medicinal purposes.

That’s a good thing, right? 

Well, yes. But that’s only half of the story.

It’s certainly a good thing that patients can get access to a non-invasive medical treatment that is effective against numerous ailments.

It’s certainly a good thing that people aren’t going to jail or prison for smoking (or otherwise consuming) cannabis. Especially since there are some massive racial disparities in the enforcement of those punitive laws. 

So what isn’t good about the growing drive towards legalization in the United States?

One answer is simple: the ridiculously high cost of cannabis at dispensaries across the nation. 

Want some news that’ll cheer you up?

You can do something about these prices (and that’s a relief in this stagflating economy). You can grow your own cannabis. And, if you do, you will save a lot of money. 

Read on to learn more about why you may want to consider ditching the dispensaries and taking matters into your own hands—or green thumbs, as the case may be.

The Economics Of Buying Cannabis At A Dispensary

As you’ll see a bit later in this article, it’s no contest if price is your overriding concern; a home grow is a far better option than buying cannabis from a dispensary.

But, of course, you’ll need all the facts before you can make your own informed decision on cannabis cultivation.

One of the more noteworthy aspects about American cannabis dispensaries is how much of a difference there is in terms of their prices. And one of the biggest reasons for that is location. Specifically, the state in which a dispensary is located.

Naturally, other factors come into play that also drive up the cost of our friend the cannabis plant. 

In many states (e.g. Illinois), there are high taxes on cannabis and a plethora of regulations. 

Other states (e.g. Ohio) have a limited ability to distribute cannabis because they have chosen to bestow only a few licenses. That approach often increases the cost of cannabis, and can also lead to shortages, long waits, and frequent travel within the state in order to find product. 

And we won’t name any names here, but some states may have an abundance of product and dispensaries, but they’re critically lacking in one major component: knowledge. Budtenders in these states may be poorly informed about cannabis.

Waiting for the punchline?

The cost of cannabis can be quite high in those states as well.

We understand that all this may sound more than a touch abstract. …

Full story available on Benzinga.com