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New Jersey Cannabis Sales
May, 2025
Overview
The cannabis market in New Jersey has shown significant growth and resilience, with a notable increase in average item prices and total sales. As of May 2025, the average item price in New Jersey was $31.45, up from $31.15 in April 2025, reflecting a month-over-month growth of 3.3% in total sales which amounted to approximately $99.64 million. This growth is particularly impressive given the broader market trends, where many states have seen fluctuations in pricing and sales volumes. The year-over-year sales growth in New Jersey stands at 8.0%, with a substantial 34.2% increase in units sold, indicating a robust expansion in market penetration and consumer demand.
The state's market dynamics are characterized by a high average item price relative to other states, which could be indicative of a premium product mix or higher taxation and regulatory costs. Despite these higher costs, the volume of units sold continues to grow, suggesting strong consumer acceptance and an increasing base of regular users. This growth trajectory is supported by New Jersey's strategic market initiatives and consumer-friendly policies that have likely contributed to the ongoing expansion and normalization of cannabis use in the region.
May, 2025
Sales
Year Over Year
Growth
Market Comparison
When comparing New Jersey to other major markets like California and Colorado, several key differences emerge. For instance, while New Jersey's average item price in May 2025 was $31.45, California and Colorado reported lower prices at $18.95 and $14.69 respectively. This indicates a premium market positioning in New Jersey, likely driven by a different regulatory environment and consumer demographics.
Despite having a smaller total sales volume compared to California, New Jersey's market is growing at a positive rate, contrasting with the declines seen in these larger markets. This suggests a robust local market that may offer unique opportunities for businesses looking to invest in differentiated and premium product offerings.
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New Jersey Weed Prices
Category Performance
Focusing on the Pre-Roll category in New Jersey, this segment has demonstrated remarkable growth and diversity. The total sales for Pre-Rolls in May 2025 were approximately $16.37 million, with nearly 978,053 units sold. This category experienced a 6.1% month-over-month sales growth and a staggering 55.4% year-over-year growth, with unit sales more than doubling over the same period.
The standout segment within Pre-Rolls is the 'Connoisseur / Infused', which not only commands a higher price point but has also seen a phenomenal 247.7% growth in sales year-over-year, underscoring a strong consumer preference for premium and specialty products.
Top Cannabis Brands in New Jersey
Product Category Market Share In New Jersey
Historical Cannabis Sales In New Jersey
New Jersey Cannabis Reports
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New Jersey Cannabis News
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