The U.S. Cannabis Spot Index decreased 1.2% to $1,120 per pound.
In grams, the Spot price was $2.47.
After hitting a low for the year last week, the Maine Cannabis Spot Index increased by 7.3% per pound. Prices for both indoor and greenhouse grown flower ticked up, by 3.1% and 2.3%, respectively. The increases were driven by prepackaged flower products gaining 2.9% in value, as well as increasing the total share of transactions in the state.
The Michigan Cannabis Spot Index reached the high for the year this week, gaining 2.0% per pound since last week. This marks the highest spot index for the state since the beginning of August 2024, prior to the massive outdoor harvest that applied heavy and persistent downward pressure on the state index. Prices for indoor grown flower also rose this week, with bulk indoor flower trading at a level 5.3% higher than last week, and prepackaged indoor grown flower prices increasing by 1.5%.
The Oklahoma Cannabis Spot Index increased by 6.1% per pound this week. Indoor grown flower prices rose by 2.2%, while greenhouse grown flower prices climbed 6.4%. Although prepackaged greenhouse flower prices dropped 8.4%, an increase in both the price and volume of bulk greenhouse flower traded relieved the downward pricing pressure that low-priced bulk flower had exhibited in previous weeks.
May 2026 Implied Forward initially assessed at $1,110 per pound.
At $1,115 per pound, the December Implied Forward represents a discount of 0.5% relative to the current U.S. Spot Index of $1,120 per pound.
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