You are here
Home 🌿 Marijuana Business News 🌿 Weekly Wholesale Cannabis Spot Price Index and 2016 Forward Report 🌿Weekly Wholesale Cannabis Spot Price Index and 2016 Forward Report
Jan 1, 2016 – Signal Bay Inc (OTC:SGBY) reports that the US CannabisBenchmarks™ Spot Price Index for the week ending Jan 1 is up 1% to $2,030/lb or $4.48 per gram. Average deal size was 15 pounds.
Nationally, the simple average price for outdoor grown was $1,411- greenhouse $1,829 – indoor $2,397 per pound,The national cannabis wholesale price increased by $29 from $2,001 per pound last week. The simple average (non-volume weighted) cannabis price increased to $2,280 per pound, with 68% of transactions (one standard deviation) in the $1,730 to $2,830 per pound range. The simple average (non-volume weighted) price was $5.03 per gram.
The outdoor grown price was pushed lower by several deals in the $800 to $1,300 per pound range. The U.S. Spot prices by grow type in...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.