Cannabis Prices Dip 4% as Washington Recovery Offset by Weakness in Other Markets

Cannabis Benchmarks 111315

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 almost 4%  this week to $1755 per pound from $1826, with most reported transactions between $1603 and $2626 per pound.  The report stated that outdoor prices averaged $1418, while greenhouse and indoor were $1736 and $2254, respectively.

Regionally, California fell 3.5% to $1447, while Colorado rose over 1% to $1933.  Oregon prices were pressured by 6% to $1821 per pound, while Washington continued to recover, increasing 14% to $1760.  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.

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