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Following a long downturn in wholesale marijuana prices, Colorado, Oregon, and Washington are suddenly pulling a 180.
The average price for dried flower on the OCS had fallen to $7.05 per gram after taxes, compared to the average price for illicit cannabis at $7.98 per gram. The growth is also attributed to an increase in brick-and-mortar retail, with 110 stores operating as of Q3 2020, compared to just 22 at the same time last year.
According to state reports from Michigan’s Marijuana Regulatory Agency, in October 2020 the average retail price for an ounce of marijuana flower was around $288 dollars. A year later, consumers ...
Here are the most important things you should know before investing in pot stocks.
Price of Weed (or priceofweed.com) is a user-generated database of marijuana prices. Users may submit prices and quantities for transactions, and their location is geolocated in order to generate a price index for states and cities. While user-generated prices have no inherent check on accuracy, the criminal status of marijuana in many ...
Sales of marijuana are regulated through government distribution with a state-mandated price of $1.30 per gram. [21] Access to marijuana is legal through four sources: medical marijuana through the Ministry of Health, home-grown marijuana, membership clubs, and sales to adults in drugstores. [21]
Is one of these two fast-growing pot stocks a better buy?
Amercanex is a Denver, Colorado-based company founded in 2014 [1] that has created an electronic commodities exchange for cannabis. [2] [3] The company will buy and sell cannabis futures, depending on standardization of grades and even nomenclature around strains. [4]