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Cannabis Benchmarks U.S. Spot Index Report for January 17, 2025 The U.S. Spot Index increased 3.4% to $921 per pound this week. Wholesale cannabis prices for outdoor grown flower in Colorado saw a significant drop this week, losing 14.6% per pound. The sharp movement in outdoor flower pricing also drove the Colorado Cannabis Spot Index to an all-time low. Market participants in Michigan continue to battle with severely depressed wholesale pricing conditions, although there was positive movement for indoor grown and outdoor grown flower pricing this week, leading to the state composite price climbing 9.8% per pound. The Montana Cannabis Spot Index increased 5.4% per pound this week. Positive indoor grown and greenhouse grown flower price movement were the main drivers of the state composite price increase. As in other markets, bulk flower transactions saw an increase in prices while prepackaged flower transaction prices fell. For the full weekly report and more, visit us at www.cannabisbenchmarks.com