Fortunately for cannabis consumers, Headset‘s data indicates inflation hasn’t crept into the cannabis industry — at least for now. Cy Scott is co-founder and chief executive officer at Headset Inc., turning retail data into real-time cannabis market insights. This practice would be difficult, if not impossible, in cannabis, because most cannabis products are sold by weight (eighths, grams) or THC content (100mg packs). To discern whether inflation is affecting the cannabis industry, first we must examine average prices over time. The cannabis industry is fast-paced and ever-evolving, so we will continue to monitor pricing and inflation in this space.
If you’ve been to the grocery store lately, you’ve probably noticed prices creeping up. The increase is directly caused by a recent spike in inflation that has both consumers and economists worried. Fortunately for cannabis consumers, Headset‘s data indicates inflation hasn’t crept into the cannabis industry — at least for now. Let’s take a closer look at what the data tells.
What is inflation and why should you care?
According to Forbes,...
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