cocaine is sold at a 50x markup

The Sinaloa cartel can buy a kilo of cocaine in the highlands of Colombia or Peru for around $2,000, then watch it accrue value as it makes its way to market. In Mexico, that kilo fetches more than $10,000. Jump the border to the United States, and it could sell wholesale for $30,000. Break it down into grams to distribute retail, and that same kilo sells for upward of $100,000

Source: How a Mexican Drug Cartel Makes Its Billions - NYTimes.com

added 2012-06-16T20:19:37Z by anders

Tags: economics drugs cocaine