For the week ended Friday, June 10, the spot price index for a pound of cannabis decreased 3% from $2,086 in the prior week to $2,023.
The simple average price for a gram rose from $4.68 to $4.90. The futures price for the near month (July) dropped $15 to $2,135 per pound.
For the month of August, the forward price remained unchanged at $2,200 a pound.
The six-month forward price for December also remained steady at $1,725.
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Paul Ausick ~ 24/7 Wall St. ~
