Zitat:"U.S. Cannabis Spot Index down 2.6% to $1,393 per pound, a new year-to-date low. The simple average (non-volume weighted) price increased $21 to $1,721 per pound, with 68% of transactions (one standard deviation) in the $1,214 to $2,228 per pound range. The average deal size increased 29.7% to 17.9 pounds this week, from 13.8 pounds last week. In grams, the Spot price was $3.07, and the simple average price was $3.79.
Transaction Stats this week show the continued prevalence of outdoor product typical to the season. The relative frequency of transactions was largely stable week-over-week, with those for outdoor and indoor product both decreasing by 2% and 1%, respectively. However, outdoor flower this week accounted for over half of the total observed volume traded, up 8% compared to last week. The amount of indoor product traded remained steady week-over-week and constituted about a quarter of the total weight moved, while the relative volume of greenhouse flower decreased by 9% compared to last week.
Indoor flower spanned from $1,000 to $3,000 per pound; the median price was $1,700.
Greenhouse flower spanned from $1,000 to $2,800 per pound; the median price was $1,600.
Outdoor flower spanned from $800 to $2,000 per pound; the median price was $1,200.
Rates for product of both sun-fueled grow types declined this week, with rates for outdoor falling more steeply. Pricing for indoor flower ticked upward this week; the national volume-weighted average for that grow type rose to $1,873 per pound, after approaching the $1,800 threshold last week, a level that it has not fallen below throughout the entirety of this year. Greenhouse product rates have declined for four consecutive weeks, from $1,626 per pound on October 7th.
The gap between medical and recreational prices widened this week to $163, a 31% expansion from last week’s difference of $124. New annual lows in the adult-use markets of Colorado and Washington, as well as a decline in Oregon’s state Spot Index, pushed the national volume-weighted average for wholesale flower in recreational markets down almost 5% to below $1,300 per pound.
May 2017 Forward assessed at $1,725 per pound.
While more supply from the fall harvest will be reaching the market in December, the increase in holiday and winter-break related demand is anticipated to drive average prices up. At $1,525 per pound, the December Forward represents a premium of 9.5% relative to the current U.S. Spot Index of $1,393. The average Forward deal was 24 pounds. The proportion of forward deals for outdoor, greenhouse and indoor grown flower represented 38%, 31% and 31% of forward arrangements, respectively.
Nearly 40% of the May 2017 Forwards were priced $200 per pound above their corresponding December 2016 Forward, while 8% reflected increases of $300 per pound or more over the same period. " ENDE Zitat
Source:https://www.cannabisbenchmarks.com/weekly-report.html |