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17,000,000+ Prerolls Sold CEO: The Lab / Road Trip

Current Market Prices for Michigan Cannabis: Indoor Flower - $500 (20%+ THC) Fresh Ourdoor - $350 (30.5% THC) 2023 Outdoor Flower - $175 Outdoor Untested Trim - $50 Outdoor Tested Trim - $75 Indoor Tested Trim - $140 (22%+ THC) 2024 FF Bio - $40 THCa - $3.75 Prepacks - $12.50 Rosin - $7 Fresh Frozen - $25 Gram’d up Resin - $5 Gram’d up Rosin - $14 510 Carts - $3.65 Disposables - $6 Gummies - $2 Infused Pre Rolls - $2.50 & $4.50 28 pack premium Pre Rolls - $28 What stands out to you here? Do you think the nationwide averages by SKU will be close to this in two years? Four? Ten?

Michael Bowen

Chairman @ GreenHeart Holdings | M&A, Advisory, Investment

2mo

No, Mi blew the pooch with unlimited grow licenses. Other states learned this lesson from CA, CO and opted for the limited grow license structures.

Nick Young

Professor, Public Speaker, RevOps Advisor, 2022 WMU "The 30" Honoree

2mo

Infused pre rolls stand out to me. 2023 flower at $175 makes it .38/g, or .35/.9g pre roll + .1g of cured resin at $3.5/g bulk is another .35. Cones + packaging another .15? Before labor looking at ~$0.85-.90 + testing costs and updates the tag/batch from harvest date to production date.

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Joseph Milana

Sales Executive at United Green Connections

2mo

Let me know if anyone needs anything from here 😅

“Premium” and “prerolls” don’t belong in the same sentence

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Todd Webber

Founder at DeHydr8_HighTeHC_CannaBrandz

2mo

What if you Bifurcated the pricing? Std v. Premium? Do you think this pricing would be the same?

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Sam Corl

Senior Full-Stack Developer - Ruby on Rails, JavaScript, GraphQL, NoSQL AWS, GCP

2mo

Are the % numbers reversed for indoor and “fresh ourdoor”?

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Jacob M.

Cannabis sales, brand development, team leader and sales trainer.

2mo

$6 disposables is pretty wild to me, in WA state the stores do a 3-4x markup on the wholesale price we sell for so we are selling dispos for like $10-$14 each and then customers are paying $35-$50 for a unit

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Colin Clark

Head Grower, Never Winter Botanicals

2mo

For flower that seems about right imo. Look to the hemp market for a glimpse into the future of pricing.

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Willie McKenzie

Cannabis CEO & ECO Network Leader | Growing an 8-Figure Business | Investing with Impact | Balancing Professional Drive with Family Values

2mo

People are selling fresh outdoor for $100, I doubt $350 is average

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