After ton of pot found in house, man says he smokes $9K worth of marijuana monthly
March 15, 2012 3:13 PM
RIO GRANDE CITY — A man who admitted to storing more than a ton of pot in his basement told federal agents he burns though $9,000 every month smoking marijuana.
Immigration and Customs Enforcement agents detained 28-year-old Michael Sepulveda on Tuesday, a criminal complaint states.
Federal authorities place a bulk rate of $800 per pound on marijuana. That adds up to Sepulveda burning through 170 joints with one gram of marijuana each per day, every day, to reach to $9,000 on his habit in a month.
By comparison, Sepulveda’s house in Rio Grande City carries an annual assessed value of $2,800. Starr County property records show the house, located at 180 Suntex Road, to be the only one he owns.
Sepulveda told agents he expected to be paid $1 per pound for each of the 2,551 pounds of marijuana found in a basement accessible only from his bedroom, the complaint states.
Sepulveda said the drugs were the first time he stored bulk drugs in his house.
And the Feds are wrong, in this area you can get pounds for $400-$600.
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