Would you like to monitor what cannabis is selling for in Canada? Well, for a price, Nasdaq Stock Market (NASDAQ:NDAQ) can now help you do just that. Cannabis Benchmarks, a unit of a privately held company called New Leaf Data Services, announced Friday morning that its three indexes of Canadian marijuana spot prices are now being disseminated through Nasdaq’s proprietary GIDS information service.
GIDS offers its products on a subscription basis. Its client base includes entities in the commodities trading space, and many types of financial services providers.
Cannabis Benchmarks compiles its data from a range of people and businesses involved in the Canadian cannabis trade. These comprise the plant’s cultivators, retailers, and industry associations, and according to the company, those would be ideal clients for its wares.