If you work in or follow the cannabis industry you’ve seen the steep decline in wholesale flower prices across many of the longer-established, adult-use markets.
This isn’t uncommon, but most of us didn’t anticipate such a steep decline in 2021 after such a strong 2020 sales year.
There were lessons that should have been learned from the past market fluctuations, especially for those in mature markets that have seen massive price swings in their past.
The problem really comes down to a lack of data or paying attention to it. Business owners, especially cultivators, often make knee-jerk reactions based on short-term market booms rather than looking at historical and projected data.
We’re going to dive BDSA’s report on the causes and effects as well as go through features Apex Trading provides that can help withstand the market downturn.
Show Notes:
Key Reasons Why 2021 Wholesale Cannabis Flower Prices are Declining
https://bdsa.com/2021-wholesale-cannabis-flower-prices
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 853 The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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