LeafLink Releases Wholesale Cannabis Pricing Guide Revealing Decline In Marijuana Prices

LeafLink released its annual Wholesale Cannabis Pricing Guide, which explores pricing data from ten cannabis markets in the United States across five product categories.

“Understanding pricing is pivotal for businesses to grow efficiently in the cannabis industry, which is why the Wholesale Pricing Guide has become one of the greatest resources we share,” Ryan G. Smith co-founder & CEO of LeafLink told Benzinga. “Leveraging the depth of our dataset, cannabis operators are able to make smarter decisions about pricing and purchasing, empowering members of the LeafLink platform and beyond to expand into new markets.”

LeafLink, the cannabis industry wholesale marketplace, analyzed over 296,900 SKUs across the top ten national markets in this guide. The study examined 2021’s average wholesale pricing for five categories: flower, cartridges, concentrates, edibles and ingestibles and pre-rolls. Within each category, the guide highlights pricing on both the national and market level, as well as year-over-year changes. Over $3.2 billion of wholesale orders placed through LeafLink in 2021 were used to determine the impact of pricing on sales.

[ALERT] Click Here to Register to a FREE MASTERCLASS on the Ultimate Bear Market Survival Guide with Matt Maley! (Register to get the recording if you cannot attend live)

“We’re excited to release this year’s pricing guide to help cannabis brands optimize their pricing for 2022,” Alex Feldman, general manager of insights and marketing services at LeafLink said. “LeafLink’s platform provides the largest national wholesale cannabis dataset, which allows us to surface the true impact of pricing on sales.”

Pricing Guide 2021 Highlights

  • Wholesale cannabis prices declined on average in 2021, driven by several factors.
  • The cartridges category was the only one that saw prices grow on average across all markets, increasing by 6%.
  • Specific states saw dramatic year-over-year price shifts, including the average price of concentrates in Oklahoma decreasing by 27% and cartridges in Michigan by 17%.
  • Photo: Courtesy of Jeff W on Unsplash

If you are not using this trading strategy, you are leaving money on the table…

If you are blindly looking up and trading stocks the way 99% of traders are, you are missing on HUGE potential returns. Even new traders who started following this option trading strategy instantly began seeing returns they wouldn’t have had otherwise. With even two trades per month with this strategy, you will start seeing the difference in your trading account. Don’t waste any more time “guessing” and “getting lucky”. Click Here to See if you Qualify for Benzinga Options!

For today only, we are gifting away our Benzinga Options Starter newsletter for only $7. This includes two heavily researched trades per month from lead trader, Nic Chahine. For the same cost of a cup of coffee, less than the cost of a Netflix subscription and less than the average order at McDonalds you will receive top tier education and winning trade alerts to maximize your portfolio returns. This also includes a 14 day full money-back guarantee if you cancel. There is absolutely no risk!  Click Here Now to Get Started! 

Source link

Leave a Reply

Your email address will not be published.