Prism Pulse

Prism Pulse Methodology

The Prism Michigan Retail Price Index is designed to publish only source-attributed, normalized, balanced, and clearly labeled market indicators.

Collect - Normalize - Validate

Michigan cannabis retail market intelligence

Prism Pulse does not invent market prices, scrape around restrictions, or blend official wholesale/state figures with retail menu estimates.

View Market Data
METHOD

Source eligibility

Retail providers must have verified API/feed access, approved automated use, source attribution, and configured rate limits before collection is enabled. Questionable or unverified providers remain disabled.

METHOD

Normalization

Flower is grouped by observed weight classes such as 1g, 3.5g, and actual ounce/approximately 28g listings. Vape cartridges, disposable vapes, concentrates, and edibles are kept in separate analytical categories.

METHOD

Promotion treatment

BOGO, bundle, member-only, flash-sale, and multi-buy listings are stored for auditability but excluded from standard retail medians by default. Sale prices with a regular price retain both values.

METHOD

Retailer balance

Prism calculates medians at the retailer level before regional aggregation so one retailer with a large catalog cannot dominate a statewide benchmark.

METHOD

Regional balance

Regions must meet minimum sample thresholds. Statewide metrics combine qualifying regions with capped regional influence rather than pooling every listing into one average.

METHOD

Outlier review

Obvious placeholders, extreme prices, missing package sizes, and suspected unit mismatches are flagged and excluded from public benchmarks while remaining available for staff review.

METHOD

Freshness

Retail/menu observations are considered fresh for 48 hours. Stale metrics are labeled or withheld instead of silently presented as current market conditions.

METHOD

Official versus estimated data

CRA and Treasury values are labeled as official state data. Prism-calculated retail values are labeled as Prism Michigan Retail Price Index or retail market estimates.

Minimum Standards

Publication thresholds

10Minimum statewide valid observations
3Minimum statewide retailers
20Moderate coverage observations
50Higher confidence observations
10Minimum regional valid observations
2Minimum regional retailers
48hRetail observation freshness window