Wholesale Oil Prices Fall Nationwide (it must be harvest season again!)

<p>If Federally legal, the largest current oil arbitrage opportunity would be from Arizona to Alaska. Buying oil in AZ as low as $7 per gram and selling it in AK for over $37/g would yield over $13,000 in profit per pound, IF LEGAL!</p> <p>Wholesale oil prices of cannabis & hemp have fallen since last year, reflecting rising oil production nationwide that has more than offset an uptick in sales amid the pandemic.</p> <p>Canada is seeing a growing discrepancy between sales of cannabis 2.0 products and inventory in spite of sales implying an annualized market worth more than CA$2.9 billion. Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). Month-over-month sales growth fell from 50% earlier in the year to 9.5% in May and 11% in June. The data also shows sales growth of marijuana 2.0 products slowed as distribution became more widespread.</p> <p>Show Notes: Wholesale Cannabis Price Index https://marijuanaretailreport.com/wholesale-cannabis-price-index-for-the-week-ending-on-november-6th/ Wholesale marijuana, hemp oil prices fall nationwide https://mjbizdaily.com/wholesale-marijuana-hemp-oil-prices-fall-nationwide/ Canadian cannabis sales https://mjbizdaily.com/canadian-cannabis-sales-grow-to-nearly-ca245-million-in-august/ Supply glut grows for Canadian edibles, dried cannabis https://mjbizdaily.com/supply-glut-grows-for-canadian-edibles-dried-cannabis/</p> <p>Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/</p> <p>Episode 580 of The Talking Hedge: Your Cannabis Business Podcast. ​Covering cannabis products, reviews, business news, interviews, investments, events, and more. https://www.theTalkingHedgepodcast.com</p> <p>Music Info: Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats</p> <p>Keywords: Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry New