1. What is the THC Edibles Pricing Formula?

The THC edibles pricing formula calculates the total price based on the product's THC potency and a price factor per milligram. This standard industry approach helps ensure consistent pricing across different edible products.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( Potency \) — Total THC content in milligrams (mg)
• \( Factor \) — Price per milligram in US dollars (USD/mg)

Explanation: The formula multiplies the total THC content by the price per milligram to determine the product's retail price.

3. Importance of Accurate Pricing

Details: Proper pricing ensures fair market value, covers production costs, and maintains competitive positioning while accounting for THC content.

4. Using the Calculator

Tips: Enter the total THC potency in milligrams and your desired price factor (USD per mg). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What's a typical price factor for edibles?
A: Factors typically range from $0.05 to $0.20 per mg depending on product type, quality, and market.

Q2: Does this account for different edible types?
A: No, the basic formula only considers THC content. Premium products may warrant higher factors.

Q3: Should packaging costs be included?
A: Yes, the factor should account for all costs including packaging, labor, and overhead.

Q4: How does bulk pricing affect this?
A: Bulk purchases may use lower factors to reflect volume discounts.

Q5: Is this formula used for all cannabis products?
A: Primarily for edibles. Flower and concentrates often use different pricing models.