Not only do the rules for marijuana consumption vary from state to state, but so do the prices. From coast to coast, marijuana prices in the United States range from just over $7 in the west to nearly $18 in the east.
Tag Archives: Prices
With the cannabis supply in Alaska increasing and wholesale prices declining, growers are feeling a pinch from the state’s wholesale tax. Some are calling for reform.
Buying weed in California is about to get less risky and much more expensive. A patchwork of new policies, including special taxes, will roll out in the state before sales of recreational marijuana begin at the start of 2018.
Canada’s biggest medical cannabis producers are seeing their stock prices rise after the federal government announced a plan to levy a one dollar per gram tax on recreational marijuana sales.
With prices for many major Canadian cannabis stocks such as Canopy Growth Corp., Aphria Inc., and Aurora Cannabis Inc. trading sideways over the past few months, investors are now wondering which direction stocks will move from here, and what the long-term play with this industry is overall.
There has been a lot of news in the marijuana industry this year. The medical marijuana industry exploded, and many new companies came to market in a frenzy, which reminded investors of the exciting technology bubble.
According to Emily Wilson, some medical patients across the valley can’t afford the price gouge on Nevada marijuana and are turning to the streets for cheaper prices.
Canadian marijuana players have been rushing to invest and take strategic positions in the new Germany medical cannabis market since late 2016, and this trend is set to continue going forward.
In 2016, more than 750,000 people in the state of California were registered medical marijuana users, making up nearly 2 percent of the state’s population. So what will change for the medical industry since the legalization of marijuana? Prices.
Cannabis wholesale prices are slowly climbing higher after a precipitous fall over the past year. So far, 2017’s first quarter average has risen to $1,613.
Prices are tumbling as formerly illicit cultivators emerge from the shadows to invest millions of dollars in massive pot factories. In Colorado, the average price sought by wholesalers has fallen 48 per cent to about US$1,300 a pound since legal sales to all adults started in January 2014, according to Cannabase, operator of the state’s largest market.. Supply is surging as growers expand and install the latest agricultural technology.
Since Maine voters legalized marijuana, real estate brokers in the state are seeing an increased demand for industrial space, according to a Jan. 16, 2017, article in the Portland Press Herald. Maine’s industrial real estate market had been improving in recent years, and the need for marijuana business space has given the sector a new boost.
It’s simple supply and demand. But when experts were analyzing market trends last year, and taking in the massive corporate bloom of the cannabis industry, most were expecting price hikes.
During the initial period right after legalization, residents of Colorado and Washington came to an unfortunate realization – legal marijuana was expensive.
Three words: location, location, and location. Those are the three most important factors to look for when investing in real estate.
Legal cannabis is a protean market that reacts to internal factors affecting individual cultivators, as well as external factors from the evolving regulatory landscape.
Home prices have shot up by double-digits, inventory has fallen dramatically and multiple offers with bidding wars have become common.
Having thick skin is a necessary asset when investing in the cannabis sector. Pity the over-the-counter small investor cautiously entering the cannabis sector, either the long-time advocate or someone who knows the product well from a personal standpoint.
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.
News flow was very light in the cannabis sector, which is not very surprising given the day of the week. As a result, volumes were very low and prices mixed.
Cannabis traders hit the snooze button today as volumes were very slow to get going. Remember, low liquidity generally leads to wide bid/ask spreads and potentially larger % changes.
We can’t help but think how the burgeoning cannabis industry is contributing to putting America back to work.
While Colorado’s legal marijuana market continues to flourish, Washington’s market has been doing quite the opposite because its system has naturally encouraged a surplus.
The first several months of legal marijuana sales in Washington were rife with issues and chief among them was its marijuana shortage.
When discussing the cannabis industry, we usually like to discuss the large amounts of money that dispensaries make. Often overlooked, however, are the extremely high fees that many dispensaries pay the state to stay open, such as licensing and permit fees. It is actually very expensive to start a marijuana dispensary; and in Maryland, it stands to be even more expensive.
Wikileaf allows you to compare marijuana dispensary and delivery prices in your neighborhood. Select how much you intend to spend on your next dispensary visit (between $20 and $350) and watch dispensaries in your neighborhood compete for your business by offering the most grams at your selected price.