U.S. Cannabis Spot Index July 28, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 1.0% to $977 per pound.In grams, the Spot price was $2.15.The U.S. Spot Index continued to slide to close July, perpetuating what is now a two-month downtrend in weekly […]

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U.S. Cannabis Spot Index July 21, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 3.3% to $986 per pound.In grams, the Spot price was $2.17.The U.S. Spot Index continued its recent slide this week, declining 3.3% to $986 per pound of wholesale domestic […]

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U.S. Cannabis Spot Index July 14, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 3.1% to $1,020 per pound.In grams, the Spot price was $2.25.The U.S. wholesale Spot Index has fallen in four of the last five weeks after staging a successful rally […]

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U.S. Cannabis Spot Index July 7, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index increased 0.6% to $1,052 per pound.In grams, the Spot price was $2.32.January 2024 Implied Forward initially assessed at $1,010 per pound.At $1,075 per pound, the August 2023 Implied Forward represents […]

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U.S. Cannabis Spot Index June 30, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 2.0% to $1,046 per pound.In grams, the Spot price was $2.31.The U.S. wholesale Spot Index fell $21 per pound this week as legacy states, the Northeast, and the Southwest […]

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U.S. Cannabis Spot Index June 23, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 0.9% to $1,067 per pound.In grams, the Spot price was $2.35.The U.S. spot price slid by $19 per pound this week on the back of losses in New England […]

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U.S. Cannabis Spot Index June 16, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index decreased 1.7% to $1,077 per pound.In grams, the Spot price was $2.37.The U.S. spot wholesale cannabis price fell $19 per pound this week as weakness across legacy markets, the Midwest, […]

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U.S. Cannabis Spot Index June 9, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index increased 0.8% to $1,096 per pound.In grams, the Spot price was $2.42.The U.S. Spot wholesale cannabis price jumped $24 per pound this week on the back of gains in the […]

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U.S. Cannabis Spot Index June 2, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index increased 1.0% to $1,087 per pound.In grams, the Spot price was $2.40.The U.S. wholesale spot market eked out a $4 per pound gain this week as regional markets netted out […]

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U.S. Cannabis Spot Index May 26, 2023

U.S. Cannabis Spot Price Index

The U.S. Cannabis Spot Index increased 1.3% to $1,076 per pound.In grams, the Spot price was $2.37.BOOM-BUST CYCLES AND THE CANNABIS INDUSTRYThe boom and bust cycle is what capitalist economies are said to go through […]

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