New Jersey Cannabis Sales
Aug, 2025
Overview
New Jersey's cannabis market has shown a dynamic interplay of growth and pricing trends over recent months. As of August 2025, the average item price in New Jersey stands at $30.37, reflecting a slight increase from July 2025's $30.29, yet it marks a decrease from the previous year's $37.69. This pricing trend suggests a stabilization after a period of higher volatility. Total sales in August 2025 reached approximately $92.18 million, with a month-over-month growth of 1.9% and a year-over-year decline of 4.4%. This indicates a robust consumer base that continues to engage with the market despite slight fluctuations in pricing.
The state has experienced significant growth in unit sales, particularly notable with an 18.6% increase year-over-year, despite the overall sales value decline. This could imply that while consumers are purchasing more units, they are opting for lower-priced items, or that more competitively priced products are entering the market, affecting the average item price.
Aug, 2025
Sales
Year Over Year
Growth
Market Comparison
When comparing New Jersey to other states, it stands out due to its higher average item prices and significant unit growth. For instance, states like Colorado and Washington present much lower average prices at $14.43 and $11.82 respectively, with corresponding total sales figures significantly differing from New Jersey's. This pricing strategy might be influencing New Jersey's market dynamics, where despite a higher cost, there is a substantial market engagement.
New Jersey Weed Prices
Category Performance
The Flower category in New Jersey, with a total sales of approximately $39.38 million in August 2025, shows a relatively stable market with a slight year-over-year sales decrease of 0.8%. However, the segment analysis within the Flower category reveals more nuanced dynamics. For instance, the 'Specialty / Infused' segment saw an extraordinary year-over-year sales growth of 581.7% and unit growth of 756.1%, indicating a burgeoning interest in these products. In contrast, the 'Shake and Trim' segment experienced significant declines, with sales dropping by 48.4% and units by 38.5% year-over-year.