This column analyses information gathered above a two-7 days period in 2015 from the dim World wide web marketplace, which details about five hundred cannabis costs from about a hundred and forty sellers in 18 international locations. It concludes that the world wide web-centered cannabis marketplace is characterised by monopolistic competition, exactly where several sellers supply differentiated items with high quality variation producing dispersion of cannabis rates. Share
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Prosperous cannabis strains on ordinary Have got a ten%-greater rate. We find that higher electrical energy selling prices are without a doubt mirrored in cannabis price ranges. You can find an important good romance in between GDP per capita and cannabis price ranges. From All of this, we conclude that the internet-centered cannabis market place is characterised by monopolistic competition, exactly where quite a few sellers offer you differentiated merchandise with excellent variation creating dispersion of cannabis rates. We also conclude that sellers have some Management more than cannabis selling prices. References
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