Cannabis Benchmarks US Spot Index Report for April 5, 2024 #cannabisdaily #marijuananews
Cannabis Benchmarks US Spot Index Report for April 5, 2024 #cannabisdaily #marijuananews
Cannabis Benchmarks U.S. Spot Index Report for April 5, 2024
The U.S. Spot Index decreased 1.9% to $1,020 per pound this week.
Price volatility has been moderate thus far this year, with this week’s spot price of $1,020 per pound being 2.9% higher than the low of $991 on March 8th.
Price movement across grow types has been highest for greenhouse grown flower, with trading in a 12% range around the average.
We continue to report on monthly trim prices in several state markets. The March trim price assessments as a percentage of average flower prices reveal the highest trim to flower price in Alaska, at 30%, and the lowest in California, at 3%.
Massachusetts is currently in the middle, with trim prices per pound equal to 16% the cost of a pound of flower.
For the full weekly report and more, visit us at www.cannabisbenchmarks.com
