All grades of cannabis finished July well below their June averages. The overall U.S. marijuana price index experienced a huge drop, down $26 from last month’s average. The mid-grade price index, which has been on a rollercoaster ride for most of 2016, dropped a whopping $16. The schwag grade was not far behind, down a full $15 from its June average.
Tennessee takes top honors for the most expensive weed in the nation. On the flip side, Alaska and Maine with their $200 ounces had the cheapest reported ounce prices for the month of July.
CURRENT OVERALL US MARIJUANA PRICE INDEX (/oz):