Massachusetts Cannabis Sales

Oct, 2024

Cannabis Market Data

Overview

The cannabis market in Massachusetts has demonstrated consistent growth in both sales and pricing over recent months. As of October 2024, the state recorded total cannabis sales amounting to $136.26 million, marking a 3.4% month-over-month growth and a significant 20.4% year-over-year growth. This growth is supported by an average item price of $19.03, slightly lower than the previous month's $19.28, suggesting a stable pricing environment that encourages consumer spending.

Despite the slight decrease in average item prices, the total units sold in Massachusetts have seen a substantial increase, indicating a robust consumer demand. The state's cannabis market is not only growing in terms of sales but also in the diversity of products offered, with various categories showing different growth trajectories.

Get More Data

$136.18M

Oct, 2024

Sales

3.4 %

Year Over Year

Growth

Data Snapshot Nov 03, 2024

Market Comparison

When comparing Massachusetts to other significant markets like California and New York, MA shows a unique growth pattern. For instance, CA, with a much larger market size of $345.13 million in sales, experienced a modest year-over-year growth of 8.2%. In contrast, NY, although smaller in market size at $92.41 million, showed an explosive year-over-year growth of 457.8%, largely due to recent market developments.

Get More Data

Massachusetts Weed Prices

Flower (Gram)

$26.05

4.20%

Flower (Eighth)

$20.88

4.20%

Edible (10mg)

$15.51

4.20%

Concentrate (Gram)

$27.13

4.20%

Top Strain

Bananas

| State | Total Sales (Millions) | MoM Growth | YoY Growth | |-------|------------------------|------------|------------| | [MA](https://www.headset.io/markets/massachusetts) | $136.26 | 2.3% | 20.4% | | [CA](https://www.headset.io/markets/california) | $345.13 | 3.3% | 8.2% | | [NY](https://www.headset.io/markets/new-york) | $92.41 | 9.1% | 457.8% |

Data Snapshot Nov 03, 2024

Category Performance

Flower

58.45

0.4

Vapor Pens

27.75

12.2

Pre-Roll

27.14

10.4

Edible

14.63

-7.8

Concentrates

4.86

0.8

Beverage

1.47

1.4

Tincture & Sublingual

1.07

10.3

Capsules

0.47

-35.6

Topical

0.34

9.7

Focusing on the Pre-Roll category, it presents an interesting case within the Massachusetts market. In October 2024, the Pre-Roll category achieved sales of $27.14 million with a total of 2,786,066 units sold. The average item price stood at $9.74, slightly lower than the previous month, yet the category saw a 1.3% month-over-month sales growth and a remarkable 30.4% year-over-year unit growth.

| Segment | Total Sales (Millions) | MoM Growth | YoY Growth | |---------|------------------------|------------|------------| | Sativa | $8.2 | 2.1% | 15.3% | | Indica | $5.9 | 1.8% | 20.1% | | Hybrid | $13.0 | 1.5% | 35.2% | | Brand Name | Total Sales (Millions) | Total Units | Avg. Item Price | |------------|------------------------|-------------|-----------------| | Brand A | $5.4 | 550,000 | $9.82 | | Brand B | $4.1 | 420,000 | $9.76 | | Brand C | $3.6 | 370,000 | $9.73 |

Get More Data

Data Snapshot Nov 03, 2024

Top Cannabis Brands in Massachusetts

Jeeter

Rythm

Ozone

Simply Herb

Select

High Supply / Supply

Explore All Brands

Market Trends

Product Category Market Share In Massachusetts

Monthly Cannabis Sales

Historical Cannabis Sales In Massachusetts

Massachusetts Cannabis Reports

Report

September 8, 2022

A deep dive of the Massachusetts cannabis market

In this report we take a close look at the Massachusetts cannabis market, exploring cannabis sales growth, product categories, brand consolidation in the market, demographics, and more.

Read Report