After substantial slowing in year-over-year growth across 8 markets that BDSA covers in November,
sales growth bounced back in December january. The January data suggests a mixed picture of growth trends, but one conclusion is quite apparent: Flower continues to be in exceptionally strong demand, signaling that the legal markets continue to convert consumers of the market that is illicit. In this review, we are going to go through the areas one-by-one, you start with the greater mature markets that are western then concluding with the newer Eastern markets.
BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In growth ranged from 19% in Nevada to 48% in Oregon compared to a year ago.
ArizonacannabisDuring january January, Arizona medical
product sales totaled $87.7 million, down 4% from December or over 23.9% from this past year. This price of development is down from 30.3per cent in December and 28.4% in November and represents the growth that is slowest in more than a year. In contrast to most of the other states, flower grew inline that is only overall product sales, increasing 22.5%, with concentrates expanding 29.6%. Pre-rolls, a category that is relatively small grew by 83.1% compared to a year ago.
sales expanded 28.6% in to $243.5 million, which was an increase from 25% in December and 24% in November january. The decline that is sequential 0.4%. Flower sales,which were 35.6% of overall sales, continued to lead growth, expanding 44% during the with pre-roll demand strong as well month. The category that is pre-roll which is more than 10% of the market, grew almost 36% compared to a year ago.
Colorado, the first state to legalize for adult-use, continues to grow at a fast pace, with January sales of $140.9 million increasing 35.5% compared to a year ago as they fell 1.7% sequentially. The growth almost matched the level that is highest of this previous 12 months, whenever it reached 35.7% in might, plus it expanded from 33.7per cent in December and 31.7% in November. Right here, too, flower led just how, expanding 45.3% from a ago and representing 41.5% of the market.
Nevada year Represented the growth that is slowest among any state the type of included in BDSA since it proceeded to begin to see the market hampered by reduced tourism. Sales of $74.2 million grew 19.1% compared to a year ago as they fell 0.8% from December, but this was below the 23.2% in December and 22.0% in November january. Flower sales grew 39.8%. Perhaps reflecting the absence of robust tourism, pre-rolls declined by 12% and ingestibles by 1% from a ago.
Oregon year continues to demonstrate growth that is astonishingly high with January sales of $100.2 million expanding 48.2% from a year ago, an acceleration from the 42% in December and 32% in November. The market was the only market that is mature develop sequentially, gaining 4.4%, Flower product sales, at 49%, expanded only somewhat faster compared to the market, with concentrates expanding 57.1%.
Eastern AreascannabisIn the more recent areas, the price of development additionally accelerated from November. In these states, sequential prices is essential to monitor also, and so they increased marginally in all the states. Observe that we composed about data for Illinois based on the state’s data a month ago observing that sales were flat in January compared to December january. BDSA provides more data that are comprehensive hawaii, breaking into item kinds.