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The price of cannabis Flower in Massachusetts
What’s been happening to Flower prices in Massachusetts? Like in many markets, the average equivalized (EQ) price, or the price per gram, of Flower products in Massachusetts has been declining for the past year and a half. The average EQ price of Flower in MA has dropped by 38% from $14.25/g in January 2021 to $8.73/g in September 2022. In other US markets like CA, CO, MI, NV, OR, and WA, the EQ price has dropped by 32% over the same time period. Flower is also at a much higher price point in Massachusetts than in other US markets, with a gram costing MA customers an average of 92% more than in other markets in September 2022.
Track cannabis sales and market performance
Key metrics defined
These six key metrics from the previous month will provide you with a pulse check on legal cannabis markets. Below, you'll find data on year over year growth, basket size, and more.
Total Sales
Total monthly sales for the previously completed month.
YoY Sales Growth.
Year over year growth of sales (For example, November 2022 compared to November 2021).
Avg Item Price
The average price of a cannabis item in the most recently completed month.
Avg Basket Size
The average size (in sales $) of a retail basket in the most recently completed month.
Median Store SKU Counts
The number of distinct SKUs sold in the median store in the most recently completed month. Median was used instead of an average to remove the effects of outlier stores.
MOM LSSG
Median store Like-Store-Sales-Growth MoM - The month over month growth in sales for the median sample store (for example, January 2022 vs. December 2021). “Like stores” are filtered to exclude any newly opened stores or recently disconnected stores.
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