We’ve launched “The East Coast 8th Index” in partnership with Cultivated Media. The purpose of this monthly edition is to provide the industry with a directional tool to measure where pricing is headed. In the future, we may expand this list to more of the most common formats in other categories. To generate this visualization, Lit Alerts observes and tracks over time the most up to date averages for the most common flower package – the almighty eighth! The index tracks the average price of a $3.5g (an “eighth”) unit of packaged flower across five key east coast states: New York, New Jersey, Massachusetts, Connecticut and Maryland. The inaugural graphic reveals maturing markets where the “New State Premium” is rapidly eroding in favor of regional price compression. In the fall, we saw a significant downward trend in New Jersey as supply chains stabilize and retail competition intensifies. The price parity between New Jersey ($38.87) and New York ($38.08) suggests that despite different regulatory rollouts, the consumer “wallet share” across the Hudson is reaching equilibrium. Maryland and Connecticut both have shown staying power as they fight to dive deeper towards the $30 price point. Massachusetts remains the price floor in the dataset as the most mature market, sitting nearly $14 cheaper per eighth than New York. Is this where NJ and NY prices are likely headed as those markets reach full saturation?