Up and down the Eastern United States, cannabis growers and business owners are reporting healthy prices for pounds of marijuana, both medical and recreational.
Prices range from $2,000 a pound for flower all the way up to $4,200, depending on the state.
But cultivators are still facing regulatory hurdles and the growing pains of keeping pace with the rapidly expanding industry.
Marijuana Business Daily surveyed several growers, analysts and business owners in Florida, Maryland, Massachusetts, New York and Pennsylvania to determine:
- The top business challenges they’re facing.
- If their markets are profitable.
- What they’re getting for their wholesale pounds of cannabis.