New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s monthly cannabis sales data for 11 states.
Cannabis sales decreased 2.2% in September compared to August according to cannabis data analytics firm BDSA. Looking at a per-day basis, sales increased 1% month-over-month. 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 $1.64 billion during the month.
Eastern Markets
BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan and Pennsylvania. In September, year-over-year growth ranged from -13.1% in Maryland to 24.9% in Florida. Note that Florida, Maryland and Pennsylvania are medical-only markets.
Florida
In September, sales increased 2.1% sequentially to $200 million, up 24.9% from a year ago. This was down from 29.5% growth in August. Flower sales grew 33%, pre-rolls increased 38%, ingestibles gained 5% and concentrates expanded 27% year-over-year.
Illinois
We previously published data released by the state showing that sales grew 0.2% from August and increased 3.1% from September 2021. BDSA estimated sales of $158.7 million, up 0.2% sequentially and 3.9% from a year ago. Compared to last year, flower sales were flat, pre-rolls jumped 29%, ingestibles fell 2% and concentrates increased 8%.
Maryland
Sales decreased 4.2% from August to $38.3 million, down 13.1% from a year ago. Flower sales decreased 12%, pre-rolls declined 16% and concentrates fell 20%, while ingestibles were up 2% year-over-year.
Massachusetts
Sales slipped 3% sequentially and increased 3.2% compared to a year ago to $148.8 million. Flower sales grew 2% and ingestibles gained 1%, pre-rolls increased 17% and concentrates declined 3% compared to last year.
Michigan
We had previously written about data released by the state indicating that Michigan cannabis sales grew 2% sequentially and 31.4% year-over-year. BDSA estimated sales of $212 million, up 2% sequentially and 29.3% from a year ago. Flower sales increased 37%, while concentrates grew 22%. Pre-rolls jumped 57% and ingestibles gained 5% compared to prior year.
Pennsylvania
Sales declined 0.5% in September to $92.7 million, down 9.1% compared to a year ago. Flower sales decreased 5% year-over-year, concentrates fell 13%, while ingestibles were down 4%.
Western Markets
BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In September, year-over-year growth ranged from -24.7% in Nevada to -1.7% in California compared to a year ago.
Arizona
Combined sales of $105.7 million decreased 2.5% from August, down 2.9% compared to September 2021. Medical sales of $39 million were down 8% sequentially and down 30% from a year ago. Adult-use sales of $66.7 million gained 1% from August and 26% year-over-year. Flower sales were down 14% from a year ago, while pre-rolls grew 49%. Concentrates fell 5% and ingestibles gained 8%.
California
California sales fell 5.5% sequentially to $395.3 million and decreased 1.7% compared to a year ago. Flower sales were down 11%, while pre-rolls grew 12%. Ingestibles gained 7% and concentrates were flat year-over-year.
Colorado
Sales declined 3.9% in September compared to August, dropping 20.2% from a year ago to $144.5 million. Flower sales were down 23%, pre-rolls declined 14%, while concentrates fell 18%. Ingestibles declined 22% year-over-year.
Nevada
Sales decreased 9.7% sequentially, falling 24.7% from a year ago to $58.2 million. Flower sales dropped 33% from a year ago. Concentrates fell 16%, while ingestibles decreased 22% and pre-rolls declined 15%.
Oregon
Sales in September fell 1.4% from August to $81 million, down 15% from a year ago. Flower sales decreased 21% year-over-year. Ingestibles were down 10%, while pre-rolls and concentrates declined 10%.
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.
