June 2023 Cannabis Market Overview

Published on 
June 28, 2023
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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: $74,111,985

YoY Growth: 13.5%

Avg. Price: $23.46

Avg. Basket: $39.42

SKU Count: 397

MoM LSSG: 2.5%

Arizona

Sales: $110,432,247

YoY Growth: -5.9%

Avg. Price: $22.29

Avg. Basket: $52.97

SKU Count: 978

MoM LSSG: -1.9%

British Columbia

Sales: $70,594,624

YoY Growth: 28.6%

Avg. Price: $22.51

Avg. Basket: $36.28

SKU Count: 382

MoM LSSG: 3.1%

California

Sales: $395,715,677

YoY Growth: -9.3%

Avg. Price: $22.56

Avg. Basket: $50.00

SKU Count: 838

MoM LSSG: -3.3%

Colorado

Sales: $111,250,720

YoY Growth: -12.3%

Avg. Price: $18.04

Avg. Basket: $45.84

SKU Count: 370

MoM LSSG: -2.4%

Florida

Sales: $154,969,120

YoY Growth: 3.7%

Avg. Price: $22.3

Avg. Basket: $76.06

SKU Count: 176

MoM LSSG: -4.0%

Illinois

Sales: $160,232,427

YoY Growth: 0.2%

Avg. Price: $33.08

Avg. Basket: $70.21

SKU Count: 1220

MoM LSSG: -0.9%

Maryland

Sales: $39,421,437

YoY Growth: -9.6%

Avg. Price: $27.35

Avg. Basket: $82.10

SKU Count: 623

MoM LSSG: 0.9%

Massachusetts

Sales: $128,598,751

YoY Growth: 6.4%

Avg. Price: $23.64

Avg. Basket: $59.51

SKU Count: 394

MoM LSSG: 1.7%

Michigan

Sales: $245,890,293

YoY Growth: 31.9%

Avg. Price: $15.39

Avg. Basket: $57.05

SKU Count: 494

MoM LSSG: -0.8%

Nevada

Sales: $70,520,755

YoY Growth: 1.3%

Avg. Price: $22.81

Avg. Basket: $55.33

SKU Count: 741

MoM LSSG: -0.1%

Ontario

Sales: $165,788,251

YoY Growth: 9.5%

Avg. Price: $22.75

Avg. Basket: $39.05

SKU Count: 407

MoM LSSG: 3.8%

Oregon

Sales: $78,586,025

YoY Growth: -6.7%

Avg. Price: $14.91

Avg. Basket: $36.53

SKU Count: 481

MoM LSSG: -4.3%

Saskatchewan

Sales: $18,510,431

YoY Growth: 20.8%

Avg. Price: $21.32

Avg. Basket: $38.03

SKU Count: 448

MoM LSSG: -1.7%

Washington

Sales: $103,576,163

YoY Growth: -4.9%

Avg. Price: $13.05

Avg. Basket: $30.83

SKU Count: 1790

MoM LSSG: -0.5%

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