FL Weekly Tracker
Florida sales were up week over the week about 5%, with steady patient growth as well. Sales in the past three months have been fairly flat. Looking at Q3 earnings, we are estimating slowdowns from the following companies in terms of Florida sales: Trulieve (-4% QoQ), iAnthus (-28% QoQ), and MedMen (-21% QoQ). The largest increases come from Curaleaf (+27% QoQ), Ayr (+19% QoQ), Cresco (+25% QoQ), and Verano (+3% QoQ).
The company that has seen tremendous growth in Q3 sales is Cannabist (Cresco) in the past year. Their sales are up 791% YoY in Q3. Looking to market shares, we continue to see Trulieve gain back the market share they lost. Verano, Surterra, and Vidacann have gained market share, while Curaleaf, Ayr, and Cansortium lose share.
