Oregon Cannabis Sales

Sep, 2024

Cannabis Market Data

Overview

The cannabis market in Oregon has shown a resilient performance amidst fluctuating market conditions. As of September 2024, the average item price in Oregon has slightly decreased to $13.57 from $13.71 in August 2024, reflecting a modest month-over-month decrease of 6%. Despite this, the total sales amounted to approximately $79 million, indicating a stable consumer base. The year-over-year sales growth was slightly negative at -1.7%, but unit growth was positive at 6.7%, suggesting an increase in volume sold, possibly due to the lower average prices.

Oregon's market dynamics are characterized by a diverse range of product categories, each responding differently to market pressures. The overall decrease in average prices could be attributed to increased competition and consumer price sensitivity, which are typical in maturing markets. The state's ability to maintain a considerable volume of sales highlights its established market presence and consumer loyalty.

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$78.96M

Sep, 2024

Sales

-1.7 %

Year Over Year

Growth

Data Snapshot Oct 03, 2024

Market Comparison

When comparing Oregon's market to other states, it's evident that Oregon maintains one of the lowest average item prices, which stands at $13.57, compared to states like New York and Ohio where the prices are $35.94 and $38.27 respectively. This could be attributed to Oregon's earlier legalization and mature market, leading to higher competition and price compression.

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Oregon Weed Prices

Flower (Gram)

$17.02

4.20%

Flower (Eighth)

$13.76

4.20%

Edible (10mg)

$12.02

4.20%

Concentrate (Gram)

$11.00

4.20%

Top Strain

Jack Herer

| State | Avg. Item Price (Sep 2024) | Total Sales (Sep 2024, $M) | YoY Sales Growth | |-------|-----------------------------|----------------------------|-----------------| | [NY](https://www.headset.io/markets/new-york) | $35.94 | $100.65 | 368.1% | | [OH](https://www.headset.io/markets/ohio) | $38.27 | $83.46 | 106.5% | | [OR](https://www.headset.io/markets/oregon) | $13.57 | $78.99 | -1.7% |

Data Snapshot Oct 03, 2024

Category Performance

Flower

27.49

-11.7

Vapor Pens

19.91

9.5

Pre-Roll

11.67

3.8

Edible

10.11

3.3

Concentrates

7.29

-1.4

Beverage

1.32

0.8

Tincture & Sublingual

0.73

-12.0

Topical

0.44

-2.2

The Flower category in Oregon has experienced some challenges, with a year-over-year sales decline of 11.7% and a unit decline of 4.9%. The average item price for Flower in September 2024 was $21.01, down from $19.97 in August 2024. Despite these challenges, the segment analysis within the Flower category reveals significant variances:

| Segment | Avg. Item Price (Sep 2024) | Total Sales (Sep 2024, $M) | MoM Sales Growth | YoY Sales Growth | |---------|-----------------------------|----------------------------|------------------|-----------------| | Hybrid | $20.64 | $18.91 | -5.8% | -14.3% | | Indica | $23.48 | $4.34 | 7.1% | -4.6% | | Sativa | $21.67 | $3.34 | -13.6% | 6.5% | | CBD | $14.48 | $0.51 | -45.4% | 157.5% |

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Data Snapshot Oct 03, 2024

Top Cannabis Brands in Oregon

Wyld

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Gron / Grön

Smokiez Edibles

Hellavated

Sauce Essentials

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Market Trends

Product Category Market Share In Oregon

Monthly Cannabis Sales

Historical Cannabis Sales In Oregon

Oregon Cannabis Reports

Report

September 12, 2022

Understanding the recent sales declines in legacy cannabis markets

When we dig into the underlying causes of the overall cannabis sales declines in the US, we find some notable patterns contributing to the market retraction.

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