U.S. Cannabis Sales
In May, we estimate that cannabis sales in the U.S. will be down 2.1% sequentially and down 0.2% YoY. These numbers came in better then expected with the seasonality patterns of March and April being some of the biggest months of the year. Units for the month decreased 2.5% sequentially and are growing in the mid-teens on a YoY basis. The good news is that 75% of the states saw positive pricing. We estimate that 2Q23 sales will be up over 3% sequentially and up over 0.5% YoY.
Washington Cannabis Sales
Oregon Cannabis Sales
Michigan Cannabis Sales
Nevada Cannabis Sales
Massachusetts Cannabis Sales
Colorado Cannabis Sales
California Cannabis Sales
Arizona Cannabis Sales
Florida Cannabis Sales
Illinois Cannabis Sales
Maryland Cannabis Sales
Maine Cannabis Sales
Ohio Cannabis Sales
New Mexico Cannabis Sales
