A man is buying cannabis buds at a small cannabis store.
getty
For business owners, knowing how to strategically price products is key to success. In the cannabis industry, which remains a fragmented economy, the growing number of legal markets notwithstanding, that simple business tenet is ever more critical.
To help cannabis business owners who may be in a pricing quandary about their products, LeafLink, a national wholesale marketplace for the cannabis sector, has just released its “Wholesale Cannabis Pricing Guide 2020,” a report that synthesizes data across LeafLink’s 7,500 brands, distributors and retailers in 27 North American markets.
Pulling in data from last year, the guide analyzes the top product categories (cartridges, concentrates, edibles and ingestibles, flower and pre-rolls) on LeafLink by market share. The report also includes data deep-dives into the following U.S. cannabis markets: Alaska, Arizona, California, Colorado, Maryland, Michigan, Nevada, Oklahoma, Oregon and Washington.
For the latter analysis, readers will understand how one market compares and contrasts from another. For example, Alaska continues to have some of the most expensive cannabis prices due to high taxes and high distribution costs. Maryland, a limited medical market and Michigan, which only launched recreational sales in December 2019, also…
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A man is buying cannabis buds at a small cannabis store.
getty
For business owners, knowing how to strategically price products is key to success. In the cannabis industry, which remains a fragmented economy, the growing number of legal markets notwithstanding, that simple business tenet is ever more critical.
To help cannabis business owners who may be in a pricing quandary about their products, LeafLink, a national wholesale marketplace for the cannabis sector, has just released its “Wholesale Cannabis Pricing Guide 2020,” a report that synthesizes data across LeafLink’s 7,500 brands, distributors and retailers in 27 North American markets.
Pulling in data from last year, the guide analyzes the top product categories (cartridges, concentrates, edibles and ingestibles, flower and pre-rolls) on LeafLink by market share. The report also includes data deep-dives into the following U.S. cannabis markets: Alaska, Arizona, California, Colorado, Maryland, Michigan, Nevada, Oklahoma, Oregon and Washington.
For the latter analysis, readers will understand how one market compares and contrasts from another. For example, Alaska continues to have some of the most expensive cannabis prices due to high taxes and high distribution costs. Maryland, a limited medical market and Michigan, which only launched recreational sales in December 2019, also…
