GREY:IVITF - Post by User
Comment by
display_nameon Aug 14, 2019 4:08pm
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Post# 30028799
RE:RE:Reality
RE:RE:RealityBeing able to sell at $5.95/g is huge, I am not sure what you guys are tlaking about to be honest.
Current spot price average is like $3. The fact that we're consistently selling at almost 2x the industry spot price average makes it a self-evident fact that the product they are growing is superior to a lot of the existing market inventory.
https://reports.cannabisbenchmarks.com/ "
The simple average (non-volume weighted) price increased $18 to $1,494 per pound, with 68% of transactions (one standard deviation) in the $781 to $2,207 per pound range. The average reported deal size was nominally unchanged at 2.0 pounds. In grams, the Spot price was $2.95 and the simple average price was $3.29."