17 Jul Chart: Wholesale marijuana prices surge in Nevada in response to new recreational program
Posted at 06:30h in Featured, Marijuana Industry Data and Charts, MMJ Business Daily, Nevada legalization, Nevada Medical Cannabis Business & Marijuana Legal News, Nevada recreational cannabis, Nevada recreational marijuana, Nevada wholesale marijuana prices, News by State, Recreational Marijuana News 0 CommentsBy Eli McVey Wholesale marijuana prices in Nevada increased sharply around the July 1 rollout of the state’s new recreational program, a week in which businesses faced stronger-than-anticipated demand and supply shortages caused by hiccups in the distribution process. According to figures provided by Cannabis Benchmarks – a Connecticut-based provider of wholesale marijuana pricing data – the four-week trailing average price per pound of wholesale cannabis increased for the first time in months, suggesting that Nevada marijuana businesses significantly underestimated the demand for recreational cannabis in the state. As the name implies, the four-week trailing average incorporates four ... Chart: Wholesale marijuana prices surge in Nevada in response to new recreational program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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