New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states.
Cannabis sales decreased 2.5% sequentially in April after increasing 11.7% in March from the short February, according to cannabis data analytics firm BDSA. Looking at a per-day basis, sales increased 0.8% sequentially. In this review, we share the results by state, beginning with the eastern markets and then concluding with the western markets. In total, BDSA estimates that sales across the 11 markets totaled $1.73 billion during the month.
Eastern Markets
BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan and Pennsylvania. In April, year-over-year growth ranged from -14.9% in Maryland to +26.2% in Michigan. Note that Florida, Maryland and Pennsylvania are medical-only markets, though Maryland is introducing adult-use soon.
Western Markets
BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In April, year-over-year growth ranged from -11.8% in California to -3.6% in Arizona compared to a year ago.
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 access to actionable data and analysis.
