Cannabis Prices Bounce Back

Cannabis Benchmarks 103015

Each week, New Leaf Data Services publishes a weekly assessment of cannabis prices by evaluating the legal prices  for a standardized potency across a variety of markets.  From an overall perspective, prices increased by almost 3%  this week to $1839 per pound from $1790, with most reported transactions between $1700 and $2450 per pound.  The report stated that outdoor prices averaged $1500, while greenhouse and indoor were $1945 and $2287, respectively.

Regionally, California fell slightly to $1525, while Colorado increased 2% to $1915.  Oregon rose 1% to $1984 per pound, while Washington bounced back 6% to $1530.  The report details several regional observations, including black market prices, and it also shares a model that predicts forward prices.

View the entire report: http://www.cannabisbenchmarks.com/weekly-report.html

Published by NCV Newswire
NCV Newswire
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