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July 2023 Cannabis Market Overview
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: $73,949,537
YoY Growth: 10.2%
Avg. Price: $23.39
Avg. Basket: $39.78
SKU Count: 398
MoM LSSG: 1.4%
Arizona
Sales: $105,615,976
YoY Growth: -4.3%
Avg. Price: $22.47
Avg. Basket: $52.09
SKU Count: 978
MoM LSSG: -2.4%
British Columbia
Sales: $70,273,409
YoY Growth: 30.0%
Avg. Price: $22.04
Avg. Basket: $36.35
SKU Count: 400
MoM LSSG: 1.1%
California
Sales: $384,780,766
YoY Growth: -8.0%
Avg. Price: $22.62
Avg. Basket: $49.61
SKU Count: 823
MoM LSSG: -1.8%
Colorado
Sales: $112,873,338
YoY Growth: -11.2%
Avg. Price: $18.17
Avg. Basket: $46.59
SKU Count: 390
MoM LSSG: 3.5%
Florida
Sales: $154,621,510
YoY Growth: 8.6%
Avg. Price: $22.54
Avg. Basket: $76.82
SKU Count: 175
MoM LSSG: -0.5%
Illinois
Sales: $158,078,967
YoY Growth: 1.8%
Avg. Price: $32.92
Avg. Basket: $70.16
SKU Count: 1166
MoM LSSG: 0.1%
Maryland
Sales: $42,689,875
YoY Growth: 0.0%
Avg. Price: $29.27
Avg. Basket: $89.83
SKU Count: 639
MoM LSSG: 13.3%
Massachusetts
Sales: $128,575,775
YoY Growth: 5.0%
Avg. Price: $23.37
Avg. Basket: $59.37
SKU Count: 391
MoM LSSG: 0.8%
Michigan
Sales: $255,456,072
YoY Growth: 36.3%
Avg. Price: $15.24
Avg. Basket: $57.05
SKU Count: 545
MoM LSSG: 5.4%
Nevada
Sales: $66,624,222
YoY Growth: 7.0%
Avg. Price: $22.34
Avg. Basket: $54.63
SKU Count: 710
MoM LSSG: -3.1%
Ontario
Sales: $165,919,056
YoY Growth: 9.1%
Avg. Price: $22.36
Avg. Basket: $39.10
SKU Count: 419
MoM LSSG: 2.4%
Oregon
Sales: $79,216,099
YoY Growth: -3.9%
Avg. Price: $14.70
Avg. Basket: $36.30
SKU Count: 505
MoM LSSG: 1.6%
Saskatchewan
Sales: $18,282,882
YoY Growth: 17.4%
Avg. Price: $21.44
Avg. Basket: $38.65
SKU Count: 431
MoM LSSG: 1.2%
Washington
Sales: $104,232,837
YoY Growth: -1.2%
Avg. Price: $13.10
Avg. Basket: $31.17
SKU Count: 1,849
MoM LSSG: 1.6%