Zitat:"U.S. Cannabis Spot Index down 0.5% to $1,386 per pound, a new year-to-date low. The simple average (non-volume weighted) price increased $54 to $1,775 per pound, with 68% of transactions (one standard deviation) in the $1,266 to $2,285 per pound range. The average deal size decreased 18.8% to 14.5 pounds this week, from 17.9 pounds last week. In grams, the Spot price was $3.06, and the simple average price was $3.91.........In the midst of the harvest season, Transaction Stats this week show a very similar breakdown of relative deals and volume compared to the week prior. The relative frequency of transactions for indoor flower decreased 3% week-over-week, with the difference being made up by relatively more deals for outdoor product. Despite accounting for only one fifth of all observed trades, field-grown flower made up over half of the observed volume traded this week, up 3% from November 4th. The relative volume of warehouse product also grew 3% compared to last week. The relative volume of greenhouse flower traded fell to less than one sixth of the total observed weight moved. Indoor flower spanned from $1,000 to $3,200 per pound; the median price was $1,800. Greenhouse flower spanned from $900 to $2,400 per pound; the median price was $1,700. Outdoor flower spanned from $800 to $2,300 per pound; the median price was $1,350........ Though pricing for greenhouse-grown flower jumped almost 6% week-over-week, declines in rates for indoor and outdoor product - which this week combined to make up almost 85% of the total observed volume traded - pushed down the composite volume-weighted average. National pricing for indoor product nearly reached the $1,800 per pound threshold. Prices for outdoor flower continue to fall, but the pace of the decline has slowed in recent ...... .... reaching annual lows were observed this week, for indoor product in Michigan, as well as nationally......The gap between medical and recreational prices contracted dramatically this week to only $40, from last week’s difference of $163. Prices rose in the adult-use markets of Colorado, Washington, and Oregon - with the most significant rise taking place in the latter state - pushing composite rates for adult-use product up over 5% compared to last week. Contrastingly, an overall fall in prices in California’s medical market largely drove the decline in pricing for such product. The current difference between rates for flower of each designation is the smallest since we have begun publishing this metric and was anticipated in light of low harvest season pricing in California, the nation’s largest legal market of any type by a significant measure." ENde Zitat
Source:https://www.cannabisbenchmarks.com/weekly-report.html
§ Zitat:"December 2016 Forward unchanged at $1,525 per pound. The share of forward transactions observed represented 4.6% of all reported deals, and were priced similarly to last week. 100% of reported forwards had durations of at least 3 months. At $1,525 per pound, the December Forward represents a premium of 10% relative to the current U.S. Spot Index of $1,386..... For context, in 2015, the U.S. Spot Index experienced an average price increase of 7% from November (at $1,801 per pound) to December (at $1,927 per pound). In absolute terms, the difference was $126 per pound, versus the current Spot to December 2016 Forward differential of $139 per pound....... The average forward deal was 30 pounds. The proportion of forward deals for outdoor, greenhouse and indoor grown flower represented 38%, 31% and 31% of forward arrangements, respectively, unchanged from last week. The median forward deal size for monthly delivery for outdoor, greenhouse and indoor grown flower was 50 pounds, 22.5 pounds and 20 pounds, respectively. " ENDE Zitat
Source:https://www.cannabisbenchmarks.com/weekly-report.html |