This Week in Weed: Price Rollercoaster from Port Perry to Welland 🎢🍃
Hey there, fellow cannabis enthusiasts! 🌿 This past week, from February 17 to February 23, 2024, has been quite the wild ride in the Canadian cannabis market. So, grab your favorite munchies, and let's dive into the world of price fluctuations, top strains, and which Canadian cities experienced the most notable changes. Whether you're a savvy shopper looking to score the best deals or just curious about the goings-on in the cannabis scene, this one's for you!
Highs and Lows Across the Board 📈📉
This week, we've seen a total of 3,473 price changes across our beloved leafy landscape. 1,082 of these were increases, while 2,164 were price drops - talk about a rollercoaster!
🚀 Cities on the Rise:
- Toronto took the top spot for price increases in cannabis products, which isn't too surprising given its massive market.
- Windsor wasn't far behind, with a notable 32 product price increases.
- Other cities like Guelph and Chatham also saw a slight uptick in prices.
🔻 Cities Cooling Off:
- On the flip side, Toronto also led the way in price decreases, proving it's a city of extremes.
- Mississauga and Windsor followed closely, especially Windsor, which had a whopping 127 price drops! Bargain hunters, you know where to go.
Spotlight on Retail Locations 🏪✨
Heading North:
- Ganjika House in Brampton was the hotspot for price increases, with 77 products getting a bump. However, it also saw 70 decreases in prices, making it a fascinating study in market dynamics.
- Kryptonite Cannabis came in second for price upticks.
Heading South:
- But it was Reserved Cannabis (Waterloo) that took the cake for the most price decreases, with an eye-watering 182 products dropping in price.
Products to Watch 👀🌿
On the Upswing:
- Station House - Pink Kush Pre-Roll saw the most significant price increase percentage-wise, getting more expensive by over 105%!
- Fuego - Sunny Daze Pre-Roll and BOLD - Starfruit Burst AIO Disposable weren't far behind.
On the Downswing:
- The most dramatic price drop was seen in Spinach Feelz - THC+THCV Blue Raspberry Lemonade (Full Tilt) Gummies, with prices plummeting by a jaw-dropping 488.23%!
Category Close-Ups 📊
Feeling the Increase:
- Pre-Rolled and Vapes categories led the upward trend, which is great news for those who prefer convenience.
- Dried Flower and Concentrates weren't too far behind.
Experiencing the Decrease:
- The Edibles and Pre-Rolled categories saw the most significant number of price decreases, possibly signaling an overstock or a shift in consumer preferences.
Strain Strains 🌱
- Indica strains saw more price increases than any other type, while Sativa took a slight hit with more decreases.
In conclusion, this week was anything but dull in the Canadian cannabis market. Whether you're in Toronto, Wellington, or anywhere in between, there's never been a more exciting time to explore what the cannabis world has to offer. Keep an eye out for those deals, and maybe try a new product or two - after all, with prices changing like the weather, who knows what next week will bring!