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Weekly Wholesale Cannabis Spot Price Index and 2016 Forward Report

Submitted by Marijuana News on Sun, 01/03/2016 - 12:40

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...

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http://www.signalbayinc.com/investing/weekly-wholesale-2016-forward-price/
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