The U.S. Cannabis Spot Index increased 0.5% to $1,013 per pound.
In grams, the Spot price was $2.23.
At $1,013 per pound, the U.S. Spot Index is down 5.9% this year and averaging $1,024 per pound. The low of $991 and the high of $1,072 were established just two weeks apart, on March 8th and March 22nd, respectively. Year-to-date, the U.S. Spot Index has remained in an $81 range. For the same period last year, the Index averaged $982 and spanned a range of $88 (with a low of $952 and a high of $1,040).
May 2024 Implied Forward unchanged at $1,040 per pound.
At $1,040 per pound, the May Implied Forward represents a premium of 2.6% relative to the current U.S. Spot Price of $1,013 per pound.
Did you know that you can access state-level retail sales data and much more in our Interactive Charts?
We collect fundamental market data released by states and put it all in one convenient location for you to access it. Looking for more data? Contact Us and let us know what you’re looking for.