Active Content Price and Rank, Retail Cannabis Reviews3 min read
This infographic explores data from my personal purchase dataset from the perspective of two dimensions, the price per 100mg of any cannabinoid (THC or CBD) from each listing, and the subjective rank I apply to each of the reviews.
Both the ranking and active pricing dimensions are associated with a layer of processing. Active content price is calculated using the price per gram I paid and the cannabinoid content of the package I received. The ranked index represents my idea of the listings based on the qualitative observations in my review (lineage, visuals, tactile, olfaction and value), it’s entirely subjective.
I use active content pricing as a loose measure for value, knowing there are exceptions to the rule. With value being one of the criteria for a review, is there a correlation between active price versus the rank I choose for each listing? And, across the entire scope of my reviews, do I tend to give better ranks to listings with lower active content prices?
do I tend to give better ranks to listings with lower active content prices?
Below, we look at active content pricing and rank two ways.
The first plots active content price for every review against my subjective rank. I show a trend line for the plot, as well as the r² and p-value for the trend.
The second view gives a detail view for each offering. Rank is shown by colour, better ranked offerings are shown inwards in gold, lower ranks are placed on the outer perimeter, in purple. The diameter of the circle is adjusted to the inverse of the active content price, listings with comparatively lower active prices are shown larger.
From looking at the first view, across the entire index there is little support for the trend. As the maximum end of active content price is restricted, support for the trend increases significantly. Suggesting I may show preference for offerings with lower active content pricing.
Looking at the second view, restricting the data to below average active content price causes the purple coloured nodes to drop off, leaving many gold colours. Perhaps just as interesting to note which purple colours outlast the others, those with low active content prices that I still did not prefer.
And, if you restrict active content price oppositely, the trend is less prevalent. Restricting the price to the maximum end yields more of a mix of purple and gold. There are a few offerings I had a favourable regard for, despite its comparatively high price.
The charts are connected to the database I use to track my personal purchases, so it will populate automatically with new offerings I review and I’ll refresh the article periodically or as support for the trend changes.