The wholesale marijuana market will head into 2020 with average market rates on an upswing, especially for bud. At $1,316 average for a pound of bud, Jan. 1, 2020 will mark the fifth straight quarter in which pot rates increased and the first time since April 2018 that the rate has been above $1,000.
The new average market rate, or AMR, for bud marks an almost 32-percent increase from last quarter, which began in October, and a more-than 68-percent increase from January 2019, when a pound of weed on average commanded only $781.
“The AMR is the median market price of each category of unprocessed retail marijuana that is sold or transferred from retail marijuana cultivation facilities to retail marijuana product