Wholesale prices of California fried dough twist from a downturn

The bear market in California's volatile marijuana wholesale market seems to be over. The price of fried dough twist went down to bottom in 21 November, and began to rebound when sales rose. Fried dough twist has fallen by more than 65% from the high level of about 1250 dollars per pound in August 2020, according to Thrive Society, the largest decline in wholesale price of fried dough twist since the establishment of the regulatory market in January 2018 in November. The average price of fried dough twist is 750 to 1100 dollars per pound. Compared with November, it was a good growth. At that time, the price of AAA grade fried dough twist was bottomed at around 400 US dollars per pound when oversupply.

Source: mjbizdaily com