Cannabinoid Wholesale pricing
General trends in wholesale cannabis flower pricing
- Average Wholesale Price: As of recent reports, the average wholesale price for a pound of state-legal cannabis is around $1,031.
- Legacy vs. Newer Markets: In more established, “legacy” markets with higher competition, prices have dropped to a potential “price floor” of approximately $650 per pound. Conversely, newer markets may experience higher initial prices followed by downward trends as production ramps up.
- Grow Type Impacts:
- Outdoor Cannabis Price Index: Averaged $418/pound in Q1 2024.
- Greenhouse Cannabis Price Index: Averaged $725/pound in Q1 2024.
- Indoor Cannabis Price Index: Averaged $1,378/pound in Q1 2024.
- National Spot Price: The U.S. Cannabis Spot Index averaged $1,026 year-to-date in 2024 and closed at $1,020 per pound in late Q1.
- Price Volatility: Prices can fluctuate, with some states experiencing significant price drops or increases.
- Bulk Discounts: Larger orders typically translate to lower prices per unit.
Examples of wholesale cannabinoid prices
CBD Isolate:
6-10 kilograms: $450/kg
11-50 kilograms: $425/kg
51-100 kilograms: $375/kg
CBD Isolate Powder: $20-$599
THCA Flower (Pounds): $900 – $1,275
Delta 8 Distillate (Bulk): $50 – $899
CBG Isolate Powder: $20 – $2,000
CBN Isolate Powder: $30 – $3,000
Delta 8 Vape Pen: $15 – $20 (down from $29.99 – $39.99)
Factors influencing wholesale prices
Market maturity and competition: Legacy markets tend to have lower prices due to increased competition and saturation.
Regulation and political landscape: Regulatory changes and uncertainties can impact pricing and production strategies.
Cultivation methods: Indoor grown flower generally fetches higher prices than greenhouse or outdoor grown flower.
Research and Development (R&D): Advances in cultivation techniques and efficiency can influence production costs and ultimately, wholesale prices.
Demand: Increased consumer demand, especially for new product types, can drive prices up.
Finding wholesale cannabinoid pricing information
Wholesale Platforms: Platforms like LeafLink and ApexTrading chemicalpowders.com offer market data and connect buyers and sellers.
Market Intelligence Companies: Companies like Cannabis Benchmarks and New Leaf Data Services provide detailed pricing data and analysis.
Direct from Wholesalers: Many wholesalers, such as Crescent Canna and Discount Pharms, provide pricing information on their websites, often with tiered pricing based on order volum