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U.S. cannabis prices fall due to oversupply

U.S. cannabis prices fall due to oversupply

The cost per lb of appropriate cannabis has plummeted in due to january oversupply.

Analysts at Cannabis Benchmarks, a separate agency that keeps track ofthe commodity’s spot cost index when you look at the U.S., stated that the cbd oil overabundance of cannabis has sent the wholesale rates regarding the stated commodity as a “free autumn.”

In line with the Cannabis Benchmarks report, the U.S. spot cost index for weed is at a nationwide average of $1,292 per lb within the week that is third of January. This cost represented a 3.5 % decrease through the week before that.

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Spot price could be the marketplace that is current at which a commodity may be offered or purchased for immediate distribution.

Cost drop is dramatically driven by decrease in Oregon’s cooking pot prices

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