Nevada Cannabis Sales

Jun, 2025

Cannabis Market Data

Overview

The cannabis market in Nevada has experienced significant fluctuations in both pricing and sales volumes. As of June 2025, the average item price in Nevada stands at $21.00, a slight decrease from the previous month's $21.06. This pricing trend is indicative of a broader market adjustment, as the total sales have also seen a decline, totaling approximately $48.5 million, marking an 8.9% decrease month-over-month and a stark 16.1% drop year-over-year. This downturn is mirrored in unit sales, which have decreased by 8.7% month-over-month and 17.0% year-over-year, suggesting a contraction in both consumer spending and volume purchases.

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$48.5M

Jun, 2025

Sales

-16.1 %

Year Over Year

Growth

Data Snapshot Jul 03, 2025

Market Comparison

When comparing Nevada's market to other states, it's evident that Nevada's cannabis market is not performing as robustly. For instance, New York and Ohio have seen significant year-over-year sales growth of 93.1% and 117.9% respectively, with unit growth also surging. This contrasts sharply with Nevada's 16.1% decline in sales and 17.0% drop in units sold over the same period. Pricing in Nevada ($21.00) remains competitive compared to states like New Jersey ($29.98) and Illinois ($28.60), yet the market contraction suggests other factors such as consumer preference shifts or regulatory impacts might be influencing the market dynamics.

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Nevada Weed Prices

Flower (Gram)

$17.38

4.20%

Flower (Eighth)

$24.22

4.20%

Edible (10mg)

$14.12

4.20%

Concentrate (Gram)

$21.80

4.20%

Top Strain

Bubba Fett

Data Snapshot Jul 03, 2025

Category Performance

Flower

20.42

-14.8

Vapor Pens

12.26

-16.5

Pre-Roll

7.31

-16.6

Edible

5.07

-18.6

Concentrates

2.13

-15.5

Beverage

0.67

-18.3

Topical

0.24

-14.3

Capsules

0.24

-22.6

Tincture & Sublingual

0.16

-30.4

The Flower category in Nevada, despite the overall market downturn, shows varied segment performance. Notably, the 'Ground Flower' segment has shown remarkable growth with sales reaching approximately $313,750 and unit sales of 12,396, representing a 10.7% increase in sales and a 26.1% increase in unit sales month-over-month. This growth is even more impressive year-over-year, with sales growing by 162.8% and units by 149.1%. In contrast, the 'Hybrid - Popcorn' segment has faced severe declines, with sales dropping by 16.9% month-over-month and a dramatic 56.8% year-over-year. The pricing for Flower has increased slightly to $30.59, up from $29.86 the previous month.

| Segment | Average Item Price | Total Sales (in millions) | Month-over-Month Growth | Year-over-Year Growth | |---------|--------------------|---------------------------|-------------------------|-----------------------| | Ground Flower | $25.31 | $0.314 | 10.7% | 162.8% | | Hybrid | $29.98 | $15.156 | -3.6% | -11.1% | | Indica | $31.69 | $2.214 | -14.1% | -14.2% | | Sativa | $30.07 | $1.383 | -4.8% | -15.1% | | Shake and Trim | $35.16 | $0.352 | 4.7% | 96.6% |

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Data Snapshot Jul 03, 2025

Top Cannabis Brands in Nevada

STIIIZY

Wyld

Rythm

Select

Rove

Camino

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Market Trends

Product Category Market Share In Nevada

Monthly Cannabis Sales

Historical Cannabis Sales In Nevada

Nevada Cannabis Reports

Report

January 12, 2023

A deep dive of the Nevada cannabis market

This report is created in partnership with Dai Truong of Arlington Capital Advisors. Please read more about him and his work covering the cannabis space at the bottom of the report.

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