U.S. Cannabis Spot Index up 2.3% at $1,589 per pound.
The simple average (non-volume weighted) price increased $75 to $1,824 per pound, with 68% of transactions (one standard deviation) in the $1,126 to $2,521 per pound range. The average deal size was nominally unchanged at 8.3 pounds. In grams, the Spot price was $3.50, and the simple average price was $4.02.
The relative frequency of deals for greenhouse flower contracted drastically this week after representing nearly one third of all observed trades last week. Transactions for indoor product saw their relative frequency swell by 16%. However, the relative volume of warehouse flower as a percent of the total observed weight moved increased by only 6%, with most of the corresponding decline felt by greenhouse product, which saw a 5% decrease in this metric.
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