Over the previous 180 days (as of mid-November 2022), Arizona cannabis retailers had the second highest average number of distinct products sold across all US cannabis markets. Aside from retailers in Washington, which have always sold the greatest number of unique SKUs, Arizona appears to have one of the most diverse product landscapes in the US cannabis industry , with nearly 3x more unique products than in the typical Massachusetts retailer. Headset will be launching a product-level read for this important cannabis market soon, so stay tuned!
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 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.
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.