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May 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: $73,244,363
YoY Growth: 13.3%
Avg. Price: $23.49
Avg. Basket: $39.73
SKU Count: 389
MoM LSSG: -0.2%
Arizona
Sales: $113,874,938
YoY Growth: -8.5%
Avg. Price: $22.37
Avg. Basket: $55.57
SKU Count: 941
MoM LSSG: -4.9%
British Columbia
Sales: $62,389,905
YoY Growth: 18.2%
Avg. Price: $22.55
Avg. Basket: $36.97
SKU Count: 383
MoM LSSG: -0.5%
California
Sales: $410,405,079
YoY Growth: -8.8%
Avg. Price: $22.27
Avg. Basket: $51.76
SKU Count: 871
MoM LSSG: -0.8%
Colorado
Sales: $117,092,523
YoY Growth: -11.0%
Avg. Price: $17.30
Avg. Basket: $47.14
SKU Count: 372
MoM LSSG: -3.8%
Florida
Sales: $162,012,911
YoY Growth: 4.6%
Avg. Price: $22.11
Avg. Basket: $79.14
SKU Count: 161
MoM LSSG: -6.0%
Illinois
Sales: $158,181,406
YoY Growth: -3.3%
Avg. Price: $32.81
Avg. Basket: $72.29
SKU Count: 1210
MoM LSSG: -5.2%
Maryland
Sales: $38,148,282
YoY Growth: -13.8%
Avg. Price: $26.59
Avg. Basket: $84.19
SKU Count: 667
MoM LSSG: -5.4%
Massachusetts
Sales: $126,005,995
YoY Growth: 2.3%
Avg. Price: $23.18
Avg. Basket: $61.45
SKU Count: 387
MoM LSSG: -3.7%
Michigan
Sales: $250,643,586
YoY Growth: 28.6%
Avg. Price: $14.88
Avg. Basket: $58.89
SKU Count: 478
MoM LSSG: -3.1%
Nevada
Sales: $70,911,301
YoY Growth: -1.7%
Avg. Price: $22.68
Avg. Basket: $57.15
SKU Count: 729
MoM LSSG: -2.6%
Ontario
Sales: $157,577,394
YoY Growth: 5.1%
Avg. Price: $22.68
Avg. Basket: $39.29
SKU Count: 406
MoM LSSG: -0.9%
Oregon
Sales: $79,044,084
YoY Growth: -11.6%
Avg. Price: $13.86
Avg. Basket: $38.45
SKU Count: 495.5
MoM LSSG: -3.1%
Saskatchewan
Sales: $18,581,656
YoY Growth: 23.1%
Avg. Price: $20.93
Avg. Basket: $38.88
SKU Count: 461
MoM LSSG: 1.4%
Washington
Sales: $104,781,672
YoY Growth: -6.7%
Avg. Price: $12.92
Avg. Basket: $31.75
SKU Count: 1771
MoM LSSG: -3.3%