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Cannabis Benchmarks US Wholesale Cannabis Spot Index & Report for July 14

U.S. Cannabis Spot Index up 0.2% to $1,625 per pound. 

The simple average (non-volume weighted) price decreased $16 to $1,812 per pound, with 68% of transactions (one standard deviation) in the $1,010 to $2,614 per pound range. The average deal size decreased 17.5% to 8.2 pounds from 9.9 pounds last week. In grams, the Spot price was $3.58, and the simple average price was $3.99.

This week saw Transaction Stats hold largely steady after greenhouse flower had been observed to increase its share of the total observed volume traded in recent weeks. The relative frequency of deals for each grow type was virtually unchanged from last week. Warehouse product this week regained some of its share of the total documented weight moved that it had lost in prior weeks, but only marginally, with a less than 2% increase in its relative volume.  
 
Read the full report here
Posted in Other on July 17 at 11:52 AM

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