Current Data

The U.S. Cannabis Spot Index increased 0.9% to $1,046 per pound.

In grams, the Spot price was $2.31.

Strong performance across all grow types in California, as well as price increases in Illinois and Nevada, were the main drivers for the rise in the U.S. Spot Index.

Analysis of total 2023 cannabis retail sales reveal the impact of adult use legalization in states such as Michigan, where total sales represent 12.9% of all cannabis sales in the U.S.

Pennsylvania cannabis retail sales in 2023 represent 6.4% of all U.S. sales despite only having medical legalization, suggesting that if and when full legalization is established in the state, significant growth is highly probable.

Cannabis Benchmarks U.S. Spot Weighted Average Prices March 22, 2024

April 2024 Implied Forward unchanged at $1,040 per pound.

At $1,040 per pound, the April Implied Forward represents a discount of 0.5% relative to the current U.S. Spot Price of $1,046 per pound.

Cannabis Benchmarks U.S. Implied Forward Curve March 22, 2024

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.