Massachusetts Cannabis Sales
Dec, 2024
Overview
The cannabis market in Massachusetts has shown a resilient performance amidst fluctuating trends across the country. As of December 2024, the average item price in Massachusetts stands at $18.05, reflecting a slight decrease from the previous month's $18.66. Despite this minor dip in pricing, total sales reached approximately $133.92 million, with a modest month-over-month sales growth of -2.7% and a year-over-year growth of -4.4%. Interestingly, the total units sold saw an increase, with a month-over-month growth of 0.6% and a significant year-over-year increase of 11.4%. This indicates a growing consumer base and a potential shift towards more affordable or smaller quantity purchases.
Dec, 2024
Sales
Year Over Year
Growth
Market Comparison
Comparing Massachusetts to other key markets such as California and New York, we observe distinct differences in market dynamics.
Massachusetts Weed Prices
Category Performance
To delve deeper, let's focus on the "Edible" category in Massachusetts. This category often shows distinct trends compared to the broader market due to its unique consumer base and regulatory environment.