Pot Prices Rise Above $2,000

Spot and forward prices for marijuana supplies have not yet experienced the drop in prices that normally comes at this time of year as the annual harvest is brought in. For the week ended Friday, December 18th, the spot price index for a pound of cannabis increased by $109 (about 6%) from $1,932 in the prior week to $2,041.

Cannabis market analysts at Cannabis Benchmarks explain the unusually higher price this way:

While local and regional price trends can and do deviate from their state norm, in general,…

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