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INDUSTRY UPDATES – CANNABIS SPOT PRICES

by | Dec 24, 2016 | Research | 0 comments

December 24, 2016 – For the week ended December 23, 2016, Cannabis Benchmarks reported:

  • The U.S. Cannabis Spot Index increased 10.1% to 1,613 per pound ($3.56 per gram), up from $1,465;
  • The simple average (non-volume weighted price decreased $17 to $1,747 per pound;
  • Avg. deal size declined nearly 20% to 7.9 pounds from 9.8 pounds for the week;
  • Indoor flower ranged from $851 to $3,100 per pound (median price of $1,850);
  • Greenhouse flower ranged from $1,000 to $2,600 per pound (median price of $1,700);
  • Outdoor flower ranged from $700 to $1,800 per pound (median price of $1,300).