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Wholesale cannabis prices tumbled in 2017 β€” and they have yet to hit rock bottom

Washington is down to $1100 per pound, Oregon around $1800 per pound, US average around $1450 per pound.

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I’m seeing top shelf (exotics and fruits) go for 17 to 18 in the Bay Area CA, but anything less than top shelf is 14 to 15, if they move at all.

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Licensed??

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No.

I’m sure the licensed guys will be considerably higher, I’m guessing 2-3x that number to cover all the taxes, investments and fees. Retail prices are already laughable, and the strict regulations haven’t even started yet.

This summer will be very interesting to watch.

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