Or contextualize... whatever.
Anyway did you see this headline?
185 Pounds of Cocaine Seized in Lynn Bust
Well, it got me thinking - what exactly is 185lbs of cocaine ?
Hmmm.
Cocaine is typically sold in grams so, according to a random online converter, 185 pounds is about 83,915 grams.
According to the White House Drug Policy website, the 2007 cost of pure cocaine was about $119.00 per gram, although at that time they also indicated that there was a cocaine shortage in New England.
Furthermore they estimated the street cost of powdered cocaine (cut, not pure) was selling for between $20 to $30 per gram in New York City, while in Bangor, ME a gram was selling for about $100.
The bust in Lynn netted 185 lbs/83,915g of coke, which officials claim is worth $8,400,000.00 - which works out to about $100 per gram.
Which means two things.
1. It was not pure cocaine, in case you're curious.
and
2. At that price, we are definitely in a recession.
No comments:
Post a Comment