.svg){kind=small}
Cannabis sales across Colorado counties
Year over year sales growth in Colorado has been on the decline so far in 2022 through April, but what’s driving the decrease in demand? Here we see that some counties are seeing more dramatic declines than others, which can likely be attributed to nearby markets such as New Mexico (bordering Colorado on the south) and Arizona (directly southwest of Colorado) legalizing adult-use cannabis sales. Counties near the border were much more heavily impacted than the counties to the north. We might be seeing reductions in cannabis tourism in these counties, since residents of Arizona and New Mexico are now able to make legal purchases in their own home states.
Track cannabis sales and market performance
Key metrics defined
These six key metrics from the previous month will provide you with a pulse check on legal cannabis markets. Below, you'll find data on year over year growth, basket size, and more.
Total Sales
Total monthly sales for the previously completed month.
YoY Sales Growth.
Year over year growth of sales (For example, November 2022 compared to November 2021).
Avg Item Price
The average price of a cannabis item in the most recently completed month.
Avg Basket Size
The average size (in sales $) of a retail basket in the most recently completed month.
Median Store SKU Counts
The number of distinct SKUs sold in the median store in the most recently completed month. Median was used instead of an average to remove the effects of outlier stores.
MOM LSSG
Median store Like-Store-Sales-Growth MoM - The month over month growth in sales for the median sample store (for example, January 2022 vs. December 2021). “Like stores” are filtered to exclude any newly opened stores or recently disconnected stores.
Alberta
Arizona
British Columbia
California
Colorado
Florida
Illinois
Maryland
Massachusetts
Michigan
Nevada
Ontario
Oregon
Saskatchewan
