Cannabis Benchmarks™ Publishes World’s First US Wholesale Spot and Forward Cannabis Benchmark Price Assessments

STAMFORD, Conn., April 27, 2015 /PR Log/ — Cannabis Benchmarks™, a division of New Leaf Data Services, LLC, has announced the launch of its Weekly Report, which includes an assessment of the national wholesale spot price for one pound of cannabis and a six-month forward curve. The report includes a summary of the drivers underlying the week’s price, as well as insights and viewpoints regarding the market fundamentals shaping the forward price curve. The Weekly Report can be viewed at

The legal cannabis sector currently operates under a patchwork of state-by-state regulations with widely varying degrees of reporting and monitoring. Most transactions are bi-lateral and opaque, preventing transparency for buyers and sellers in the physical supply chain. New Leaf Data Services provides industry participants with vital market clarity.

“Transparency is essential for markets to function efficiently, and we are proud to be the first price reporting agency to publish national cannabis wholesale spot and forward prices. Cannabis Benchmarks is quickly becoming the trusted source for benchmark price assessments, driving informed business decisions. Our leadership position is the result of our team’s extensive experience in global commodity price assessments and legal cannabis markets,” said Jonathan Rubin, CEO of New Leaf Data Service, LLC.

New Leaf Data Services has established a proprietary benchmarking methodology to reveal the information needed to make sound decisions regarding capital investment and operational improvement in the legal cannabis industry.

“For the first time, buyers and sellers have an accurate benchmark to guide transaction pricing. Cannabis Benchmarks collects public and private transaction and bid-ask data from legal cannabis markets across the country, and then applies a proprietary assessment methodology to derive the wholesale spot price. The forward curve is then shaped with forecasts of supply and demand fundamentals, which incorporate multiple participant viewpoints,” said Het Shah, New Leaf’s Managing Director of Price Assessments.

Industry participants, prospective new entrants and investors continuously require reliable data. Shah explained, “Cannabis is a new emerging commodity market, and like any other established market, there needs to be a central body that provides price transparency in the spot and forward markets. Cannabis Benchmarks is fulfilling this role.”

“Across the cannabis business information space, no firm was systematically collecting and standardizing cultivator cost data and wholesale prices,” Rubin said. “As the availability of legal cannabis pricing data grows and becomes more stable, we will publish differentials for varying potencies, strains, locations, and other quantitative and qualitative factors that influence wholesale prices.”


About New Leaf Data Services, LLC

New Leaf Data Services was launched to offer a comprehensive portfolio of market fundamental data and analytics exclusively for the cannabis industry. The Cannabis Benchmarks™ division publishes and licenses benchmark price assessments and cultivation production cost data. New Leaf Data Services, LLC, is a wholly-owned subsidiary of New Leaf Capital Partners, a merchant banking firm providing capital and advisory services to businesses in the legal cannabis industry and related ancillary markets. For more information, please visit:


For all press inquiries, please contact:
Jonathan Rubin, CEO
(917) 862-2135
[email protected]

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