Chart: More growers, lower wholesale prices in Colorado’s recreational marijuana market

By Eli McVey The Average Market Rate (AMR) for a pound of wholesale marijuana in Colorado’s recreational market has hit an all-time low, pushed down by the continuous flow of new cultivation facilities coming online, increased efficiency among existing growers and a rising number of outdoor grow operations. Moreover, the market forces working to push wholesale marijuana prices lower show no sign of abating, a prospect likely to further squeeze growers’ margins. Used by the Colorado Department of Revenue to levy excise taxes, the AMR is determined twice a year based on the average price of all retail ... Chart: More growers, lower wholesale prices in Colorado’s recreational marijuana market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs