Washington Cannabis Sales

Washington's cannabis market has demonstrated a stable growth trajectory, with a slight fluctuation in average item prices over the past year. As of January 2025, the average item price slightly decreased to $12.37 from $12.40 in December 2024, reflecting a modest adjustment in consumer spending habits. Total sales in January 2025 reached approximately $98.86 million, maintaining a consistent market size compared to previous months. This stability is indicative of a mature market where consumer demand remains steady despite minor price variations.

The market has experienced varied growth rates month-over-month, with notable increases and decreases throughout the year. For instance, October 2024 saw a significant rise in sales by 16.3%, followed by a sharp decline of 12.3% in November. Such fluctuations suggest that while the market is stable, it is also reactive to external factors such as seasonal changes or economic shifts, which can influence consumer purchasing behavior.