New York Cannabis Sales
Feb, 2025
Overview
The cannabis market in New York has shown remarkable growth, particularly in recent months. As of February 2025, the average item price stands at $35.57, with total sales reaching approximately $89.46 million. This represents a significant year-over-year sales growth of 184.9% and a unit growth of 213.4%, highlighting a robust expansion in both revenue and volume. The market's growth trajectory is supported by a diverse range of product categories, each contributing uniquely to the overall market dynamics.
Despite a slight month-over-month sales increase of 1.8%, the consistent upward trend in year-over-year comparisons suggests a solidifying market presence. This growth is underpinned by high product prices relative to other states, with New York's average price per item significantly exceeding that of states like Colorado and Oregon, where prices are nearly three times lower.
Feb, 2025
Sales
Year Over Year
Growth
Market Comparison
Comparing New York to other major markets like California and Colorado, New York's average item price is significantly higher, which could be attributed to newer market dynamics and less competition. Here's how New York stacks up against these states:
New York Weed Prices
Category Performance
The Flower category in New York has demonstrated substantial growth, with February 2025 sales totaling approximately $30.91 million and an average item price of $55.07. This category alone shows a year-over-year sales growth of 181.9% and unit growth of 177.9%. To delve deeper into this category, the segment analysis reveals:
Product Category Market Share In New York
Historical Cannabis Sales In New York
New York Cannabis Reports
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