According to 2020’s wholesale marijuana pricing guide from Leaflink, there was an 18% price surge in nationwide wholesale flower price tags it averaged $1940/pound. However, there was also an 11% decline in ingestible and edibles, that came to an average statewide price of USD0.08/mg.
The report entails an evaluation of marijuana markets in California, Alaska, Nevada, Colorado, Michigan, Washington and Oregon that’ve authorized both medical and recreational marijuana use. The report also entails medical markets in Oklahoma, Arizona, and Maryland.
Last year, Arizona’s residents passed recreational reforms and sales started on 21st January. However, the report utilizes the state’s 2020 information when only medical marijuana was legal.
The report asserted that concentrates experienced a 7% price boost across the country year-after-year and pre-roll costs saw a 2% increase. Cartridges declined a modest
1% and contributed to the industry’s ‘most steady class’
Leaflink found that during 2020, the average price for vape cartridges within America was $22.78/gram, concentrates were sold at an average $17.02/gram and pre-roll saw an average $7.18/gram.
Alex Feldman, a top manager at Leaflink Insights and Marketing Services, asserted that the guide empowers ventures to better tackle their 2021 strategic planning through benchmarking on a national and state tier.
Leaflink analyses about a third of all American wholesale marijuana commerce, to a sum of $3B in customer orders. The pricing standard scrutinizes 109,000 SKUs
including pre-rolls, flower, concentrates, vape cartridges and ingestibles.
Leaflink concluded that Flower was a highly demanded commodity in four of the ten analyzed states Maryland, Michigan, Oregon and California, cartridges were exceedingly sought-after in Arizona, Nevada and Alaska. Ingestible and edibles were the most bought commodities in Oklahoma, Colorado and Washington state.
Alaska’s marijuana market had the most expensive prices in four categories; cartridges, ingestibles, edibles and concentrates