Tag Archives: Commodities

Marijuana Prices Fell in 2016 as Growers Saturated The Market

Marijuana Prices Fell in 2016 as Growers Saturated The Market

Marijuana Prices Fell in 2016 as Growers Saturated The Market

Now that marijuana is legal in several states, prices are falling, and that is changing the marketplace, according to Forbes.com. “Wholesale marijuana prices declined in 2016 from $2,500 to $1,000 per pound, with some dispensaries offering recreational ounces as low as $65 on CannaSaver.com,” Brian Shapiro, Chief Executive Officer of CannaSaver, said.

California's Pot Crop Value Greater Than Other Top Farm Commodities Combined

California’s Pot Crop Value Greater Than Other Top Farm Commodities Combined

California’s marijuana crop is its biggest agricultural commodity, outpacing the next five top commodities combined, according to a Dec. 29, 2016, article in the Orange County Register. Marijuana’s estimated value to California was $23.3 billion in 2015, the Register reported, basing its estimate on the number of seized plants.

Cash key for market participants.

Cannabis Benchmarks Cultivates Price Transparency for Market Participants

Buyers and sellers in the legal cannabis industry may think they have a handle on market pricing, but legalized cannabis is still a fledgling industry with supply and demand in constant flux.


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