Cannabis Benchmarks Releases Pricing for Week Ended December 22, 2017
December 22, 2017 – Cannabis Benchmarks released its pricing data for the week ended December 22, 2017.
Despite the uptick in prices over the week ended December 22, 2017, the clear trend over the past 6 months has been downward pricing pressure, with simple average prices down 9.9% and spot prices down 14.3%.
Outdoor pricing continues to take the most pressure, with median prices down 40% for the six-month period ended December 22 to $1,000 / pound, and spot prices down 19.1% to $1,111 / pound.
Medicinal spot prices have been under the most pressure over the 6-month period ended December 22, down 15.4% to $1,504 / pound.