New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states.
Cannabis sales increased 4.6% in July compared to June according to cannabis data analytics firm BDSA. On a per-day basis, sales increased 1.2% sequentially. In this review, we will look at the markets one-by-one, beginning with the eastern markets and then concluding with the western markets. In total, sales across the 11 markets totaled $1.69 billion during the month.
Eastern Markets
BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan and Pennsylvania. In July, year-over-year growth ranged from -13.5% in Pennsylvania to 27.2% in Florida. Note that Florida, Maryland and Pennsylvania are medical-only markets.
Florida
In July, sales increased 0.8% sequentially to $193.8 million, up 27.2% from a year ago. Flower sales grew 23%, pre-rolls increased 11%, ingestibles gained 17% and concentrates expanded 39% year-over-year.
Illinois
We previously published data released by the state showing that sales grew 6% from June and increased 1.6% from July 2021. BDSA estimated sales of $164.6 million, up 6% sequentially and up 0.6% from a year ago. Compared to last year, flower sales declined 3%, pre-rolls jumped 31%, ingestibles fell 5% and concentrates increased 2%.
Maryland
Sales increased 2.5% from June to $42 million, down 10.7% from a year ago. Flower sales decreased 8%, pre-rolls declined 9% and concentrates fell 18%, while ingestibles were down 3% year-over-year.
Massachusetts
Sales grew 9% sequentially and 5.2% compared to a year ago to $158.5 million. Flower and ingestibles sales expanded 7%, pre-rolls increased 8% and concentrates were flat compared to last year.
Michigan
We had previously written about data released by the state indicating that Michigan cannabis sales gained 12% sequentially and 23% year-over-year. BDSA estimated sales of $209.9 million, up 12% sequentially and 20.5% from a year ago. Flower sales increased 24%, while concentrates grew 28%. Pre-rolls jumped 45% and ingestibles declined 4% compared to prior year.
Pennsylvania
Sales grew 0.5% in July to $95.3 million, down 13.5% compared to a year ago. Flower sales declined 11% year-over-year, concentrates fell 16%, while ingestibles were down 8%.
Western Markets
BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In July, year-over-year growth ranged from -23.1% in Colorado to -10.1% in California compared to a year ago.
Arizona
Combined sales of $107.5 million were up 1.4% from June and down 10.5% compared to July 2021. Medical sales of $43.6 million were up 2% sequentially and down 33% from a year ago. Adult-use sales of $63.9 million gained 1% from June and 15% year-over-year. Flower sales were down 25% from a year ago, while pre-rolls grew 38%. Concentrates fell 8% and ingestibles gained 5%.
California
California sales increased 2.2% sequentially to $409.6 million and fell 10.1% compared to a year ago. Flower sales were down 19%, while pre-rolls grew 6%. Ingestibles and concentrates fell 6% from a year ago during July.
Colorado
Sales increased 6.7% in July compared to June, dropping 23.1% from a year ago to $156.2 million. Flower sales were down 25%, pre-rolls declined 21%, while concentrates fell 20%. Ingestibles declined 24% year-over-year.
Nevada
Sales increased 6.9% sequentially, falling 14% from a year ago to $70.9 million. Flower sales dropped 21% from a year ago. Concentrates fell 1%, while ingestibles decreased 18% and pre-rolls declined 9%.
Oregon
Sales in July grew 2% from June to $84.4 million, down 18.4% from a year ago. Flower sales were down 31% year-over-year. Ingestibles grew 8%, while pre-rolls declined 3% and concentrates decreased 17%.
For readers interested in a deeper look at cannabis markets across these eleven states and more, including segmentation by additional product categories, brand and item detail, longer history, and segmentation by product attributes, learn how BDSA Solutions can provide you with unlimited access to the most accurate and actionable data and analysis.
