New York Cannabis Sales
Jan, 2025
Overview
New York's cannabis market has shown significant growth and dynamic pricing trends over the recent months. As of January 2025, the average item price in New York is $35.61, a slight decrease from $36.02 in December 2024. Despite this minor drop, total sales have surged to $121.91 million, indicating a robust consumer demand. The market has experienced a substantial year-over-year growth of 403.8%, underscoring its rapid expansion and the increasing acceptance of cannabis products among New Yorkers.
The state's cannabis industry not only benefits from a high average item price compared to other states but also demonstrates a promising growth trajectory. This growth is supported by a diverse range of products and categories, each contributing uniquely to the overall market size. The consistent increase in total units sold, reaching over 3.4 million in January 2025, reflects a broadening consumer base and a deepening penetration of cannabis into various consumer segments.
Jan, 2025
Sales
Year Over Year
Growth
Market Comparison
When comparing New York to other major markets like California and Colorado, distinct differences emerge. For instance, California's total sales in January 2025 were significantly higher at $327.45 million, with an average item price of $18.95, much lower than New York's $35.61. Colorado, with a more mature market, had sales of $92.79 million and an average price of $14.54.
New York Weed Prices
Category Performance
The Flower category in New York stands out with its diverse segments and significant sales figures. In January 2025, Flower achieved total sales of $41.40 million with an average item price of $53.93. Among the segments, Hybrid flowers lead with $25.60 million in sales, followed by Sativa at $5.61 million and Indica at $4.91 million. Notably, the Hybrid segment not only leads in sales but also in unit sales, suggesting a strong preference among consumers for this type.
Product Category Market Share In New York
Historical Cannabis Sales In New York
New York Cannabis Reports
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