CANNABIS INDUSTRY REPORT
$2,500.00$3,000.00$3,500.00Northern California - Outdoor - Wholesale - High Grade
*Estimated price index is based on a survey of growers, brokers and dispensaries. Data from 2004-2010 is largely anecdotal, butrepresents expert industry opinion from market participants during this period. High grade includes top shelf. but also one notchbelow. Low grade is very poor quality, but not the poorest. If cannabis were graded A-B-C-D, low grade would be C. D gradewould encompasses anything below typical salable grade in California.
Regional Wholesale Prices for Medical Cannabis 2004-2010
Wholesale medical cannabis prices have varied dramatically from year to year. The prices reflectedin the following graphs are for one or two pound lots.
$2,900.00$3,400.00$3,900.00Southern California - Outdoor - Wholesale - High Grade"
$1,200.00$1,700.00$2,200.00$2,700.00Northern California - Outdoor - Wholesale - Low Grade
W i n t e r 0 6 S p r i n g 0 7 S u m m e r 0 7 F a l l 0 7 W i n t e r 0 7 S p r i n g 0 8 S u m m e r 0 8 F a l l 0 8 W i n t e r 0 8 S p r i n g 0 9 S u m m e r 0 9 F a l l 0 9 W i n t e r 0 9 S p r i n g 1 0 S u m m e r 1 0
Southern California - Indoor - Wholesale - High Grade"
$2,500.00$3,000.00$3,500.00$4,000.00Average Price - All California - Outdoor - High Grade
California's North Coast was subjected to anunseasonable early rain storm during the weekend of September 17th - 19th. Rainfall amounts were highest inthe north’s Del Norte County, which saw localizedamounts of 2" or more. Humboldt County received between 1"-2", while Mendocino County came in on thelighter side with .25"-1". Early rains have a significantimpact on the outdoor market. Expect higher incidencesof mold contamination in the cannabis supply from thisregion. In addition, flower coloration is impacted by theincreased moisture and cold temperatures that accompanya weather event of this magnitude.The low and mid grade outdoor markets, which werealready poised to experience significant challenges thisfall, will be even more hard pressed to recover from thecrash level price declines experienced over the last severalyears. Many buds that might have otherwise ranked ashigh grade outdoor will slip into the middle and lowgrades. The bottom has fallen out for the low grademarket, and further price declines should be expected.The National Climate Prediction Center is calling for below normal precipitation through mid October, withtemperatures expected to trend below normal. A series of strong storms are expected to dip into British Columbia, bringing colder temperatures to the region, with a slightchance of precipitation for the northernmost regions over the course of the next month.Dryer weather coupled with cooler temperatures is nota worse case scenario for the region. Plant phosphorousuptake is reduced by cooler temps leading to a darker overall appearance in the buds. This results in a morelimited marketability, but does not necessarily impact potency and flavor.Farms that have taken the appropriate precautions tolimit Fall time weather impacts will find that the effort will pay off this season. -
Expect North Coast Outdoor Quality Declines Due to September Rains
$3,500.00$4,000.00$4,500.00$5,000.00Northern California - Indoor- High Grade - Wholesale