Plummeting Cannabis Prices: 5 States Hit Hard

A look at how wholesale prices have changed in five adult-use markets, from California to Michigan to Massachusetts.

partyvector | Adobe Stock; Ihor Potysiev | iStockPhoto

partyvector | Adobe Stock; Ihor Potysiev | iStockPhoto

Andriana Ruscitto

March 28, 2023
Cannabis Business Times editors have been tracking price compression in adult-use cannabis markets and speaking to business owners in multiple states to find out how they’ve navigated the rapid and dramatic declines. Here’s a look at how wholesale prices have changed in five adult-use markets, from California to Michigan to Massachusetts. For more on this topic and solutions cultivators have found to lower their costs of production, turn to the cover story, and visit bit.ly/cbt-price-compression for CBT’s ongoing coverage.
Data courtesy of Cannabis Benchmarks, The Colorado Department of Revenue, and The Oregon Liquor and Cannabis Commission (OLCC)
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