Cannabis Prices Decline Slightly (11/20/15)

Cannabis Benchmarks 112015

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 fell by over 1%  this week to $1729 per pound from $1755, with most reported transactions between $1655 and $2605 per pound.  The report stated that outdoor prices averaged $1493, while greenhouse and indoor were $1654 and $2242, respectively.

Regionally, California was unchanged at $1447, while Colorado fell over 1% to $1907.  Oregon prices were pressured by another 6% to $1710 per pound, while Washington reversed out some of the recent rebound, declining 4% to $1684.  The report details several regional observations, including black market prices, and it also shares a model that predicts forward prices.

View the entire report:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

Get Our Sunday Newsletter