Marijuana Price Index: May 2016

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Marijuana Price Index: May 2016

In a real mind-boggler, all grades of marijuana with the exception of the overall U.S. price index finished out the month below their April average. Mid-grade had such a horrific month; it hit its lowest price point in six full years.

It was crowded at the top in May for most expensive pot as Illinois, Louisiana, Maryland, and Tennessee all clocked in with $400 ounces. On the flip side, Colorado leaves all competition in the dust with $120 ounces of Goji OG.

 

CURRENT OVERALL US MARIJUANA PRICE INDEX (/oz):

Year-to-date average - $304/oz       

April 2016 - $305/oz 

May 2016 - $322/oz (+$17)

CURRENT MJ PRICE INDEX: (by grade)

Top Shelf

Year-to-date average - $372/oz           

April 2016 - $372/oz 

May 2016 - $368/oz (-$4)

Mid-Grade

Year-to-date average - $259/oz        

April 2016 - $263/oz 

May 2016 - $248/oz (-$15)

Schwag

Year-to-date average - $116/oz         

April 2016 - $127/oz 

May 2016 - $120/oz (-$7)

(Source: High Times)