Mexico seizes $4 billion in methamphetamine
The sheer scale of the bust announced late Wednesday drew expressions of amazement from meth experts. The 15 tonne haul could have supplied 13 million doses on the streets of the United States.
$4 billion divided by 13 million is $307 a dose. That sounds a bit high for meth, given that the whole point of meth is that it is a relatively cheap drug. And they\’re positing that the dose would be a little over a gramme (1 million grammes to a tonne).
Actual prices seem to be around $80 a gramme.
Or if we say that it\’s 15 million 1 grammes doses then that\’s 15 million x $80 or $1.2 billion.
Ah, but that\’s US retail pricing. And this gear was in bulk in Mexico. Add in the smuggling value (yes, of course drugs are worth more inside the US than outside) and the wholesale discount and we\’re probably looking at something in the $120 million to $500 million range.
Yes, sure, it\’s still a big number. But just goes to show: don\’t ever trust law enforcement numbers about drugs. They\’re as crooked as the anti-counterfiters numbers about what is lost to counter-fiting.