Nevada Cannabis Sales

May, 2025

Cannabis Market Data

Overview

Nevada's cannabis market has shown a complex pattern of growth and pricing over the past two years. As of May 2025, the average item price stands at approximately $20.98, reflecting a slight decrease from the previous month. Despite a modest month-over-month sales growth of 2.1%, the market has experienced a significant year-over-year decline in both sales and unit growth, down by 13.3% and 13.8% respectively. This indicates a challenging period for the market, potentially influenced by external economic factors or shifts in consumer behavior.

The total sales for May 2025 amounted to approximately $53.27 million, with over 2.5 million units sold. This level of activity places Nevada in a unique position within the broader U.S. market, where states like New York and Ohio are seeing much higher growth rates, suggesting regional disparities in market dynamics and consumer preferences.

Get More Data

$53.27M

May, 2025

Sales

-13.3 %

Year Over Year

Growth

Data Snapshot Jun 03, 2025

Market Comparison

When comparing Nevada to other major markets like California and New York, distinct differences emerge. For instance, California's total sales in May 2025 were significantly higher at approximately $308.76 million, with an average item price of $18.95. New York, on the other hand, showed explosive year-over-year growth rates of 100.4% in sales and 125.7% in units, with total sales reaching $114.58 million.

Get More Data

Nevada Weed Prices

Flower (Gram)

$16.03

4.20%

Flower (Eighth)

$23.24

4.20%

Edible (10mg)

$16.28

4.20%

Concentrate (Gram)

$21.87

4.20%

Top Strain

Afternoon Delight

| State | Avg. Item Price | Total Sales | YoY Sales Growth | |-------|-----------------|-------------|------------------| | NV | $20.98 | $53.27M | -13.3% | | CA | $18.95 | $308.76M | -13.4% | | NY | $33.28 | $114.58M | 100.4% |

Data Snapshot Jun 03, 2025

Category Performance

Flower

21.54

-14.2

Vapor Pens

13.72

-13.5

Pre-Roll

8.32

-10.8

Edible

5.94

-12.8

Concentrates

2.27

-15.6

Beverage

0.73

-11.0

Capsules

0.3

-3.2

Topical

0.28

-3.4

Tincture & Sublingual

0.17

-29.2

The Flower category in Nevada has been particularly interesting. In May 2025, the average price for Flower was $29.73, with total sales reaching around $21.54 million from approximately 724,590 units sold. This category saw a month-over-month sales increase of 1.7% and a unit growth of 3.6%, despite a significant year-over-year decline in sales and units by 14.2% and 20.4% respectively. This suggests a recovering interest in Flower, potentially driven by new consumer demographics or enhanced product offerings.

| Segment | Avg. Item Price | Total Sales | Total Units | |---------|-----------------|-------------|-------------| | Sativa | $30.50 | $5.32M | 174,500 | | Indica | $29.00 | $8.21M | 283,100 | | Hybrid | $29.95 | $7.91M | 264,000 | Top brands in the Flower category for May 2025 include: - [Brand A](#) with $1.2M in sales - [Brand B](#) with $0.9M in sales - [Brand C](#) with $0.85M in sales

Get More Data

Data Snapshot Jun 03, 2025

Top Cannabis Brands in Nevada

STIIIZY

Wyld

Rythm

Select

Rove

Camino

Explore All Brands

Market Trends

Product Category Market Share In Nevada

Monthly Cannabis Sales

Historical Cannabis Sales In Nevada

Nevada Cannabis Reports

Report

January 12, 2023

A deep dive of the Nevada cannabis market

This report is created in partnership with Dai Truong of Arlington Capital Advisors. Please read more about him and his work covering the cannabis space at the bottom of the report.

Read Report