Market Data

Halloween's Top Edible Treats! Wyld dominated in 7 markets, while GRON, Wana, Kiva & more brought diverse flavors to the party.

In the October 2023 Cannabis Market Overview Retail Sales Report, Headset underscores cannabis trends, revealing legacy markets like California experiencing a YoY sales decline, while Michigan thrives, and newcomers like Maryland and Missouri quickly gain traction. Dominated by "Inhalables" like flowers and vapes, the market has Michigan and Arizona leading, yet Colorado emerges uniquely with a substantial "Non-Inhalable" preference. Brands such as Michigan's Society C and Arizona's Shango exhibit remarkable growth, the former with a notable 32% surge and the latter soaring by a staggering 77%. Furthermore, product quality remains a pivotal factor, exemplified by Society C's premium-priced Gastro Pop leading sales.

The cannabis market shows significant growth in states like Maryland and Michigan, alongside emerging brands experiencing monumental year-to-date gains, such as Jeeter. Consumer behavior trends include a shift towards premium offerings in Maryland, fluctuating basket sizes, and varying price points across states, potentially indicating increased competition or a more budget-conscious buyer base.

A few insights from recreational cannabis sales during the 2023 Labor Day weekend holiday, spanning from Friday, 9/1, to Monday, 9/4.

Ahead of this year’s Labor Day weekend, we took a look at sales trends from 2022.

Amidst the dynamic interplay of state regulations and consumer preferences in July 2023, Maryland's leap into the adult-use cannabis market catapulted its sales growth, spotlighting the transformative power of policy changes in the evolving cannabis landscape.

See stats from cannabis sales & products in June 2023

See stats from cannabis sales & products in May 2023