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All told, Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014, a 18% increase from today's price.
(The yield is the consumable part of the product.) He assumes outdoor plants yield 7 ounces and indoor plants yield 3.5 ounces. Then using price and consumption data from the government's annual marijuana use survey, he sets the production cost of marijuana at $1,606 per pound.