Excess trim from marijuana leaves has become a precious commodity in Oregon, a rising marijuana market for both medical and recreational businesses. And one of the drivers behind the growing value of trim is the burgeoning market for cannabis concentrates, according to the Oregonian.
“Once considered garbage, trim has transformed into gold, fetching up to $400 a pound,” the paper reported.
Concentrates now comprise between 15-40% of the MMJ market in the state, boosting the need for trim. Companies that make concentrates convert trim into oils that can retail for between $25 and $50 a gram, with around 300 dispensaries selling shatter and wax at a brisk pace.
These companies can afford to be selective, as there’s plenty of trim available. But they are on a constant alert watching for more trim sources, the Oregonian reported.
The price of trim in Oregon has jumped from $50 a pound a few years ago, the paper reported, to around $250 now. Prices for trim high in CBD can be worth even more.
Flower still sells on the wholesale market for between $1,400 to $3,000 a pound, depending on quality.