New York Cannabis Sales
Mar, 2025
Overview
The cannabis market in New York has shown remarkable growth, particularly evident in the latest data from March 2025. With an average item price of $34.64, the state witnessed a total sales volume of approximately $109.38 million and a substantial increase in units sold, totaling 3,157,828. This represents a significant year-over-year sales growth of 144.7% and an even more impressive unit growth of 175.8%. Such figures not only highlight the expanding consumer base but also suggest a robust market potential that continues to attract new users and investors.
Despite a slight decrease in average item prices from the previous year, the market's expansion in terms of sales and unit growth indicates a strong consumer demand that outweighs price sensitivity. This trend is crucial for stakeholders aiming to position their products strategically in a competitive landscape. The consistent growth amidst fluctuating prices underscores the market's resilience and the consumers' growing acceptance and preference for cannabis products.
Mar, 2025
Sales
Year Over Year
Growth
Market Comparison
When comparing New York to other major markets like California and Illinois, New York's growth rates are notably higher. For instance, California saw a year-over-year sales decline of 13.9%, while Illinois experienced a modest decrease of 5.4%. In contrast, New York's sales surged by 144.7%, highlighting its unique market dynamics and potential for further expansion.
New York Weed Prices
Category Performance
The Flower category in New York stands out with a total sales of approximately $37.81 million and 699,437 units sold in March 2025. The average price per item slightly increased to $54.06, indicating a stable consumer preference for quality. Notably, the segment of Ground Flower showed extraordinary growth with a year-over-year sales increase of 391.2% and unit growth of 539.9%, suggesting a rising popularity for this specific segment.
Product Category Market Share In New York
Historical Cannabis Sales In New York
New York Cannabis Reports
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