Minor Cannabinoid Wholesale Pricing — MAY 2023 Cannabinoid Monthly Playbook

Minor Cannabinoid Wholesale Pricing MAY 2023, 8th Revolution
Minor Cannabinoid Wholesale Pricing MAY 2023, 8th Revolution
Minor Cannabinoid Wholesale Pricing MAY 2023, 8th Revolution
Minor Cannabinoid Wholesale Pricing MAY 2023, 8th Revolution

Key Take based on the updated wholesale pricing data for the period of January 2022 to May 2023, we can observe the following trends in the U.S. cannabinoid market:

  1. Delta-9 THC (Hemp Derived) Distillate experienced a significant increase of 434% in pricing from April to May 2023, jumping from $1,500.00 to $5,333.33 per kilogram.
  2. Delta-8 THC Distillate observed a 13% increase in pricing, moving from $525.00 to $595.83 per kilogram.
  3. Delta-10 THC Distillate saw an 8% decrease in pricing from April to May 2023, dropping from $1,433.33 to $1,316.67 per kilogram.
  4. CBD Isolate witnessed a 7% decline in pricing, decreasing from $461.67 to $430.00 per kilogram.
  5. CBDA Isolate experienced an 11% increase in pricing, moving from $1,950.00 to $2,168.75 per kilogram.
  6. CBN-O Distillate pricing remained stable at $2,750.00 per kilogram.
  7. CBN Isolate saw a 17% decrease in pricing, dropping from $2,560.00 to $2,125.00 per kilogram.
  8. CBDV Distillate experienced a sharp 71% decline in pricing, decreasing from $2,666.67 to $762.50 per kilogram.
  9. CBGA Isolate witnessed a 28% increase in pricing, moving from $2,025.00 to $2,583.33 per kilogram.
  10. HHC Acetate Distillate observed a 29% increase in pricing, moving from $882.67 to $1,141.50 per kilogram.
  11. THC-O Acetate Distillate saw a 15% decline in pricing, decreasing from $800.00 to $683.75 per kilogram.

The wholesale pricing data for various cannabinoids in the U.S. region from January 2022 to May 2023 displayed diverse trends. While some products experienced price increases (Delta-9 THC Distillate, Delta-8 THC Distillate, CBDA Isolate, CBGA Isolate, and HHC Acetate Distillate), others witnessed price decreases (Delta-10 THC Distillate, CBD Isolate, CBN Isolate, CBDV Distillate, and THC-O Acetate Distillate), and one remained stable (CBN-O Distillate). It is important to consider multiple factors when analyzing these pricing trends, including market demand, regulatory changes, and production costs. The data reveals that the market for cannabinoids is in constant flux, making it essential for businesses to keep a close eye on industry trends and adjust their strategies accordingly.

*Disclaimer some of the text from this analysis was generated with an AI system.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

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