Friday, April 4, 2014

Commodities: U.S. Pot Prices Continue Decline

From High Times:

Pot Prices: March 2014 THMQ
Index Watch: After falling below $300 an ounce in February, the US Price Index dropped an additional $11 to hit a record low of $286 per ounce in March. Meanwhile, the Kind Index continued to soar and finished March at a whopping average of $389 per ounce. Diesel beat out Kush as the month’s most submitted strain ending a 27-month stretch during which Kush finished first or tied for first.
CURRENT US PRICE INDEX: $286 (last month: $297, Year-to-Date: $302)
CURRENT KIND INDEX ($350+ PER OZ): $389 ($379, $382)
CURRENT MIDS INDEX ($150-$349 PER OZ): $269 ($263, $277)
CURRENT SCHWAG INDEX ($1-$149 PER OZ): $96 ($110, $100)
The top five submitted strains (with average price) were: Diesel ($281), Kush ($296), Purps ($277), Jack Herer ($360) and Haze ($347).
HIGH TIMES wants to know what you’re smoking. Submit your strain information including location and price by the ounce to thmq@hightimes.com - or tweet us (#THMQ).


...MOR