Suddenly, A Season for Industrial Hemp to Spring Forward
April 1, 2018Something to Declare: Legalized Cannabis Leads to Fewer Border Interceptions
April 8, 2018
- Wholesale prices in maturing U.S. adult-use cannabis markets keep declining, with the Average Market Rate (AMR) in Colorado falling to $1,012, half that of 2014’s market launch.
- AMR, which sets growers’ excise tax liability, varies across markets: In Nevada, the average flower rate is $2,268, more than 2x that of Colorado’s, while other markets see flower rates priced between $700 and $900 per pound (and falling).
- Variability in average wholesale prices reflects different states’ regulatory structures and the respective stage of each market’s maturation.
- Such sustained pressures keep fueling three key trends: investment in innovation, operational reorganization to optimize efficiency, and acquisition and consolidation.
