Cannabis Benchmarks US Spot Index Report - Oct 11, 2024

Описание: Cannabis Benchmarks U.S. Spot Index Report for October 11, 2024
The U.S. Spot Index increased 6.8% to $1,021 per pound this week.

The U.S. Spot Index is currently 1.1% higher than the year-to-date average of $1,010 per pound. This is the first time in nine weeks that the index broke above $1,000.

Wholesale cannabis prices in Connecticut experienced a rise of 6.4% per pound this week, marking the highest price assessment in the state since early June. The current price is down nearly 16% from the yearly high in April, when supply constraints buoyed pricing.

After months of indoor grown and greenhouse grown flower in Michigan experiencing price convergence, greenhouse prices are now $80 per pound lower than that of indoor grown flower. Since the week of August 2, 2024 the average price for a pound of greenhouse grown flower in the state has declined 19.2%.

This week the Oregon Cannabis Spot Index climbed 11.3%, on strong performance across all grow types. Freshly cured outdoor grown flower is hitting the market and the 14.2% increase in pricing demonstrates the eagerness of retailers to get new offerings on the shelves.

For the full weekly report and more, visit us at www.cannabisbenchmarks.com