October 2023 Cannabis Market Overview
In the October 2023 Cannabis Market Overview Retail Sales Report, Headset underscores cannabis trends, revealing legacy markets like California experiencing a YoY sales decline, while Michigan thrives, and newcomers like Maryland and Missouri quickly gain traction. Dominated by "Inhalables" like flowers and vapes, the market has Michigan and Arizona leading, yet Colorado emerges uniquely with a substantial "Non-Inhalable" preference. Brands such as Michigan's Society C and Arizona's Shango exhibit remarkable growth, the former with a notable 32% surge and the latter soaring by a staggering 77%. Furthermore, product quality remains a pivotal factor, exemplified by Society C's premium-priced Gastro Pop leading sales.