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Cannabis Benchmarks US Wholesale Cannabis Spot Index & Report for June 30

U.S. Cannabis Spot Index up 3.6% to $1,635/lb

The simple average (non-volume weighted) price increased $47 to $1,858 per pound, with 68% of transactions (one standard deviation) in the $1,188 to $2,527 per pound range. The average deal size decreased 21% to 7.8 pounds from 9.9 pounds last week. In grams, the Spot price was $3.60, and the simple average price was $4.10.
 
The first light-deprivation greenhouse harvests are beginning to make their way to market. This week saw greenhouse flower increase its share of the total observed volume traded to over one-third of all documented weight moved, up from 27% last week. The relative frequency of deals for greenhouse product was largely steady. The increase came at the expense of outdoor flower, which saw its relative volume decrease by 9% week-over-week, while that of indoor product expanded by 2%.
 
Read the full report here
Posted in Other on June 30 at 01:58 PM

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