April 2023 Cannabis Market Overview

Published on 
April 19, 2023
Subscribe To Headset
Stay up-to-date on everything happening in the cannabis economy:
Read about our privacy policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

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.

Alberta

  • Sales: $72,783,092
  • YoY Growth: 15.3%
  • Avg Price: $23.42
  • Avg Basket: $40.43
  • SKU Count: 392
  • MoM LSSG: 11.7%

Arizona

  • Sales: $115,904,177
  • Avg Growth: -9.5%
  • Avg Price: $23.54
  • Avg Basket: $56.29
  • SKU Count: 960
  • MoM LSSG: 11.9%

British Columbia

  • Sales: $63,283,054
  • YoY Growth: 12.9%
  • Avg Price: $22.49
  • Avg Basket: $37.09
  • SKU Count: 388
  • MoM LSSG: 12.3%

California

  • Sales: $418,955,614
  • YoY Growth: -7.4%%
  • Avg Price: $22.90
  • Avg Basket: $51.52
  • SKU Count: 827
  • MoM LSSG: 10.9%

Colorado

  • Sales: $120,357,008
  • YoY Growth: -13.7%
  • Avg Price: $18.48
  • Avg Basket: $48.84
  • SKU Count: 373
  • MoM LSSG: 11.6%

Florida

  • Sales: $156,523,998 USD
  • YoY Growth: 4.3%
  • Avg Price: $21.66 USD
  • Avg Basket: $78.25 USD
  • SKU Count: 155
  • MoM LSSG: 10.6%

Illinois

  • Sales: $163,796,170
  • YoY Growth: 0.5%
  • Avg Price: $34.19
  • Avg Basket: $74.17
  • SKU Count: 1185
  • MoM LSSG: 10.5%

Maryland

  • Sales: $40,186,776
  • YoY Growth: -10.6%
  • Avg Price: $27.30
  • Avg Basket: $84.51
  • SKU Count: 661
  • MoM LSSG: 12.8%

Massachusetts

  • Sales: $129,364,179
  • YoY Growth: 7.5%
  • Avg Price: $24.30
  • Avg Basket: $63.17
  • SKU Count: 369
  • MoM LSSG: 12.5%

Michigan

  • Sales: $246,169,303
  • YoY Growth: 36.9%
  • Avg Price: $15.28
  • Avg Basket: $60.50
  • SKU Count: 480
  • MoM LSSG: 11.3%

Nevada

  • Sales: $72,998,054
  • YoY Growth: -0.5%
  • Avg Price: $23.28
  • Avg Basket: $57.27
  • SKU Count: 738
  • MoM LSSG: 13.8%

Ontario

  • Sales: $164,134,940
  • YoY Growth: 13.4%
  • Avg Price: $22.89
  • Avg Basket: $40.01
  • SKU Count: 408
  • MoM LSSG: 12.4%

Oregon

  • Sales: $81,242,532
  • YoY Growth: -7.9%
  • Avg Price: $14.59
  • Avg Basket: $38.97
  • SKU Count: 542
  • MoM LSSG: 11.6%

Saskatchewan

  • Sales: $18,925,503
  • YoY Growth: 27.1%
  • Avg Price: $21.08
  • Avg Basket: $39.62
  • SKU Count: 475
  • MoM LSSG: 10.8%

Washington

  • Sales: $103,377,928
  • YoY Growth: -6.7%
  • Avg Price: $13.21
  • Avg Basket: $31.83
  • SKU Count: 1821
  • MoM LSSG: 10.2%

Join over +3,500 cannabis companies

Stay ahead of your competition & achieve long-term success in the cannabis industry.