Arizona Cannabis Sales

Dec, 2024

Cannabis Market Data

Overview

Arizona's cannabis market has experienced a notable contraction in recent months, with a year-over-year sales decline of 20.4% as of December 2024. This downturn is reflected in both the average item price and total units sold, which have decreased to $18.37 and approximately 4.95 million units respectively. The market's month-over-month sales also dropped by 3.3%, indicating a consistent downward trend. This contraction contrasts with the overall growth seen in some other states, suggesting unique market dynamics or external pressures affecting Arizona specifically.

Get More Data

$90.99M

Dec, 2024

Sales

-20.4 %

Year Over Year

Growth

Data Snapshot Jan 03, 2025

Market Comparison

When comparing Arizona to other major markets like California and Colorado, it's evident that Arizona's market is contracting more sharply. For instance, California saw a year-over-year sales decline of 10.9%, and Colorado's decline was 8.3%, both significantly less than Arizona's 20.4% drop. Additionally, Arizona's average item price decrease is more pronounced than in these states, suggesting a possible oversupply or reduced consumer spending power. This comparative analysis highlights the challenges Arizona faces and may point to broader economic or regulatory issues impacting its market more than others.

Get More Data

Arizona Weed Prices

Flower (Gram)

$12.21

4.20%

Flower (Eighth)

$18.65

4.20%

Edible (10mg)

$10.48

4.20%

Concentrate (Gram)

$14.36

4.20%

Top Strain

Apple Fritter

| State | Average Item Price (Dec 2024) | Total Sales (Dec 2024) | YoY Sales Growth | |-------|-------------------------------|------------------------|------------------| | AZ | $18.37 | $90,985,852 | -20.4% | | CA | $18.86 | $333,032,913 | -10.9% | | CO | $14.90 | $92,677,377 | -8.3% |

Data Snapshot Jan 03, 2025

Category Performance

Flower

34.62

-26.7

Vapor Pens

24.26

-9.6

Pre-Roll

15.18

-16.0

Edible

10.08

-20.9

Concentrates

5.34

-31.4

Beverage

0.94

-1.1

Topical

0.27

-25.0

Capsules

0.16

-27.3

Tincture & Sublingual

0.14

-6.7

The Flower category in Arizona has shown a significant decline, with a year-over-year sales drop of 26.7% and a similar reduction in units sold. Despite this, certain segments within the Flower category buck this trend. Notably, the Specialty / Infused segment saw a dramatic increase, with sales growing by 297.4% and units by 365.1% year-over-year. This suggests a growing consumer interest in specialized products despite the overall category's decline. The Ground Flower segment also saw positive growth, with sales up by 33.7% and units by 89.4%. These segments indicate potential areas of resilience and consumer interest within the broader declining market.

| Segment | Average Item Price (Dec 2024) | Total Sales (Dec 2024) | MoM Sales Growth | YoY Sales Growth | |--------------------|-------------------------------|------------------------|------------------|------------------| | Specialty / Infused| $27.96 | $1,238,396 | 3.9% | 297.4% | | Ground Flower | $19.72 | $765,074 | 4.6% | 33.7% | | Hybrid | $27.04 | $24,596,242 | -4.7% | -27.8% | | Indica | $28.85 | $3,678,793 | -2.7% | -36.5% |

Get More Data

Data Snapshot Jan 03, 2025

Top Cannabis Brands in Arizona

STIIIZY

Wyld

Jeeter

Select

Wana

Gron / Grön

Explore All Brands

Market Trends

Product Category Market Share In Arizona

Monthly Cannabis Sales

Historical Cannabis Sales In Arizona

Arizona Cannabis Reports

Report

March 7, 2023

A deep dive into the Arizona cannabis market

This report will use real-time data from Headset Insights to examine Arizona's place in the American legal cannabis landscape.

Read Report

Report

October 13, 2021

A high-level overview of the Arizona cannabis market

This report provides an overview of the Arizona cannabis market, exploring various sales trends including month over month growth, cannabis category trends, and some pricing insights.

Read Report