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 edged up this week by 1.4% to $1846 per pound, with most reported transactions between $1600 and $2300 per pound. The report stated that outdoor prices averaged $1530, while greenhouse and indoor were $1900 and $2193, respectively.
Regionally, California rose 1% to $1552, while Colorado fell 11% to $1910. Oregon fell 1.5% to $1898 per pound, while Washington dropped 9% to $1689. The report details Michigan as well as several regional observations, and it also shares a model that predicts forward prices.
View the entire report: Cannabis Benchmarks™ Weekly Assessment Report 16 October 2015