Cannabis flower prices seem to be inversely proportional to their sales, at least according to data provided by Seattle-based Headset which tracks six recreational cannabis markets, including California, Colorado, Michigan, Nevada, Oregon and Washington state.
Marijuana flower sales increased from $4.92 billion in 2020 to $5.49 billion in 2021, Headset data showed, while the price per gram of flower plunged over the same period, decreasing 14% from $6.78 in January to $5.82 in December 2021. The drop In prices was attributed to more production within the market and growers expanding their facilities, reported Marijuana Business Daily.
