Marijuana Price Index: July 2015

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Marijuana Price Index: July 2015

The current overall U.S. price index continues to decline, falling $5 short of last month’s numbers and $9 short of the year-to-date average. July was the complete opposite of the previous month. Both Mid-Grade and Schwag saw a sharp decline, down $17 and $9, respectively. The Top-Shelf grade was the only positive, gaining back the ground that it had lost in June.

Wow, so many states vying for the top spot as Arkansas, Georgia, North Carolina, and New York are all reporting $400 ounces. Meanwhile Tennessee holds it down for the second month in a row with the cheapest reported prices in the U.S.

A special mention to our northern neighbor Canada for having one of my all-time favorites, White Widow, at a respectable C$125 per ounce.

 

CURRENT OVERALL US MARIJUANA PRICE INDEX (/oz):

Year-to-date average - $298/oz  

June 2015 - $292/oz 

July 2015 - $287/oz (-$5)

 

CURRENT MJ PRICE INDEX: (by grade)

Top Shelf

Year-to-date average - $370/oz 

June 2015 - $363/oz 

July 2015 - $373/oz (+$10)

 

Mid-Grade

Year-to-date average - $278/oz  

June 2015 - $280/oz 

July 2015 - $263/oz (-$17)

 

Schwag

Year-to-date average - $101/oz  

Jun 2015 - $107/oz 

July 2015 - $98/oz (-$9)

 

(source: High Times)