Marijuana Prices in Los Angeles and California: Fall 2017 Update
Education Recreational cannabis sales are officially underway in California, leaving everyone wondering just how big their cannabis industry will grow. Be sure to check back next quarter for our first pricing report including recreational sales. In the meantime, check out the latest pricing information from the fall of 2017.
Of course, we couldn’t bring you this information without the help of the experts over at BDS Analytics, who aggregate point of sale information from dispensaries across the state.
Let’s take a closer look into the details.
Marijuana Prices in California: Fall 2017
In March of 2017, BDS Analytics began tracking and reporting dispensary sales trends for California’s cannabis industry. Between March and October of 2017, total sales through dispensary and delivery services across the most populous state in the country reached $1.856 billion. Flower contributed to 53 percent of revenues in the state with total sales for the category reaching $989 million. This does not include flower going into pre-rolled joints, as those sales are tracked separately.
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