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Cannabis sales on Labor Day weekend 2021
When we look at cannabis sales on Friday 9/3 ahead of the Labor Day weekend in US markets (CA, CO, MI, NV, OR, PA, & WA), we found that sales were up 10.3% over the previous four Fridays, which drove this day to be the third largest day of total US cannabis sales so far this year! We also see that all categories saw positive growth with Edibles (+15.1%), Capsules (+13.3%), and Vapor Pens (+11.2%), seeing the most sales lift compared to the previous four Fridays. To learn how you can stay ahead of cannabis market data, sign up for a demo of Headset Insights.
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.
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