Marijuana Price Index: March 2015

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Marijuana Price Index: March 2015

The ride that is the cannabis industry continues its up-and-down start to 2015. Across the board, all grades of the green stuff were up from the previous month. Mid-grades had the best month, as it had a big uptick almost bringing prices back to where they were in January. The overall U.S. Marijuana Price Index finished with a bang, with a healthy $25 above the February average. Take note, as $308 per ounce is the highest it has been in six months. 

Connecticut, Kentucky, and Texas all stepped up to battle New York for the most expensive marijuana prices in the country. Meanwhile the abundance of outdoor cannabis in Oregon and Washington is keeping prices in those states low.

 

CURRENT OVERALL US MARIJUANA PRICE INDEX (/oz):

Year-to-date average - $298/oz

Feb 2015 - $283/oz 

Mar 2015 - $308/oz (+$25)

CURRENT MJ PRICE INDEX: (by grade)

Top Shelf

Year-to-date average - $369/oz

Feb 2015 - $364/oz 

Mar 2015 - $370/oz (+$6)

Mid-Grade

Year-to-date average $281/oz

Feb 2015 - $273/oz 

Mar 2015 - $284/oz (+$11)

Schwag

Year-to-date average $100/oz

Feb 2015 - $92/oz 

Mar 2015 - $97/oz (+$5)

 

(source: High Times)