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Pot Prices Rose Again Slightly For The Second Week In A Row

 

According to the report from 24/7 Wall Street, analysts at Cannabis Benchmarks found that about two-thirds of the past week’s transactions fell in a range of $1,550 to $2,032 per pound and transaction prices ranged from a low of $1,500 in California and Oregon to a high of $2,500 in Michigan and Alaska.

A price check at PriceOfWeed.com found “moderate” changes, with the average price for an ounce of high-quality marijuana in Colorado at  $241.29, down 6 cents from a week ago. In California the price of high-quality marijuana is listed at $242.07 (up 7 cents), $297.10 (unchanged) in Florida, $317.33 (up 5 cents) in Georgia, $326.19 (up 9 cents) in Texas, and $231.87 (up 5 cents) in Washington.

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Richard Lowe

Richard Lowe is a 14-year veteran of the financial sector with licenses as a commodity broker (Series 3) and investment advisor representative (IAR Series 65). Along with a focus on raising capital for the firms he was employed with, he also wrote and edited much of the content published by them. He holds a BA in Journalism from the University of Massachusetts. He has been a longtime advocate for marijuana legalization due to the social injustices associated with marijuana prohibition and the strong potential for the medicinal benefits of cannabis.

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