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What the Extreme Drop in Wholesale Prices Means for the Cannabis Industry

MJ Business Attorneys

The severe drop in wholesale cannabis prices in many states over the past year can be traced to a few key factors: Regulatory missteps, high taxes for consumers, and competition from still-thriving illicit markets are contributing to the industry’s current woes. What’s the Best Move for a Cannabis Business License Holder?

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Factors Influencing Cannabis Prices Across U.S. States

Medical Marijuana Program Connection

Factors influencing cannabis prices across U.S. states the legalization of cannabis for both medical and recreational use. Has become a significant social and economic issue. Read More

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Illinois cannabis prices ‘highest in the country’

Illinois News Joint

Key areas of focus include sales growth, product category popularity, pricing, basket analysis, and demographics.” In this article, we highlight one of the most glaring statists in the report: the price of cannabis in Illinois. EQ price is the price per gram for inhalable products. EQ price in Illinois started at $17.99

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Inflation keeps rising, but weed prices stay the same

Leafly

Materials needed to grow weed have gone up in cost, but high supply and intense competition means stores and growers are reluctant to raise prices. The post Inflation keeps rising, but weed prices stay the same appeared first on Leafly.

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Part 1: Adult-use legalization effects on medical prices

Illinois News Joint

After reporting that Illinois adult-use cannabis prices were highest in the country , we decided to publish a 3-Part Series highlighting how recreational legalization in Illinois has affected price per gram for medical patients. Part I of this series focuses on Dry Flower pricing per gram. per gram to an all-time high of $14.08

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Part 3: Adult-use legalization effects on medical prices

Illinois News Joint

In Part I and Part II of this 3-part series, we compared and contrasted registered medical cannabis patient’s price per gram for Dry Flower and Extracts before and after adult-use legalization, as well as adult-use and medical prices. In Part III, we do the same for the price per gram for RSO, Edibles, and Infused Drinks in Illinois.

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Pennsylvania: Medical Marijuana Patients Protest for Better Protections, Lower Prices

NORML

Key concerns: Expensive prices, product shortages and quality, few legal protections and the daily threat of a DUI charge. Patients are stuck paying some of the most expensive cannabis product prices in the country: Average out-of-pocket expenses of over $1000 per month, with no relief from insurance.

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