Traceleaf for funds and analysts
What this page hands you: monthly imported units split by licensed and unlicensed consignee; price at five steps from factory gate to licensed shelf; dated, sourced figures you can cite, with the methodology published.
Last checked 11 October 2026
The price ladder, factory gate to licensed shelf
Five steps, each priced from its own sources, with the range and the observation count behind every mean.
| Step | Mean USD per unit | Lowest observed | Highest observed | Observations |
|---|---|---|---|---|
| Factory gate | $1.98 | $1.02 | $3.16 | 120 |
| Landed cost | $3.22 | $1.85 | $4.64 | 120 |
| Wholesale | $11.45 | $8.12 | $15.29 | 120 |
| Gray-market retail | $33.52 | $18.75 | $48.88 | 288 |
| Licensed retail | $61.10 | $40.10 | $81.28 | 288 |
All 936 price observations in the dataset, across 12 months to 11 October 2026. Each step is priced independently from its own sources; the ladder is not one unit followed through the chain, so the steps do not sum to a margin for any single product.
The figures this work rests on
Each is stated in one wording wherever it appears, on the site and in the exports. Quote the sentence.
- 97,329,237How many cannabis vape units are imported into the US each year?
- Traceleaf records 97,329,237 cannabis vape units imported into the United States across the 12 months to 11 October 2026, based on consignee-level bill-of-lading records.
- Sources: Bills of lading (ImportYeti / ImportGenius / Panjiva); CBP CROSS rulings + seizure releases
- 53.5%What share of imported vape hardware goes to importers with no state licence?
- Traceleaf records 53.5% of imported cannabis vape units as consigned to importers with no state licence on file, as of 11 October 2026.
- Sources: Bills of lading (ImportYeti / ImportGenius / Panjiva); State licence registers (Socrata portals, discovered)
- 16.9×What is the markup from factory gate to gray-market shelf?
- Traceleaf records a mean gray-market retail price of $33.52 against a mean factory-gate price of $1.98, a markup of 16.9×, as of 11 October 2026.
- Sources: Bills of lading (ImportYeti / ImportGenius / Panjiva); Gray-market storefronts ('official' sites, wholesale, Telegram); Dispensary menus (Dutchie, Jane, Weedmaps, Leafly)
How this problem gets described
cannabis vape market size · gray market vape estimate · vape imports China data · alternative data cannabis
Download the data sample
One scope, one delivery, built from the records above rather than from a questionnaire. Tell us the entity or the category and the first pull comes back as a table you can check line by line.