This month, Beard Bros Pharms, in collaboration with Hoodie Analytics, is shining a spotlight on Arizona to provide you with unparalleled insights into this dynamic market. With flower sales barely edging out vapes, we’ll take a closer look at the factors driving these trends, particularly in the Greater Phoenix area.
With detailed data from Hoodie, which tracks over 10,000 dispensaries daily across the U.S. and Canada, this series will give you a greater understanding of what’s happening in the Grand Canyon State’s cannabis industry. Dive in to discover what’s behind Arizona’s booming cannabis sales and what it means for the future of the market.
In July, Arizona sold over 91 million dollars worth of cannabis. In line with the broader national trend, the Flower and Vapes categories are constantly fighting for the top spot. Flower sales came in at just over 31 million dollars, whereas vape sales brought in just over 30 million.
Let’s dive deeper into vape sales. Because the cannabis industry is hyper-local, let’s dive specifically into the Greater Phoenix area. Here is a look at the top 10 Vape brands for July:
When we look at the entire state of Arizona, what is the most popular type of vape sold? Distillate is still king in the Grand Canyon state with a 74% market share, whereas Live Resin represents about 22% of the vapes sold.
There is an ongoing nationwide battle for market dominance within the Vape category between cartridges, disposables, and proprietary options. Here is the current breakdown of the market share in Arizona:
Diving deeper specifically into Vape Carts, the full gram is the preferred choice with a 75% market share. The average full gram vape cart in Arizona for July is $44.44 before taxes. Here is a breakdown of what a full-gram Vape cart costs around the state:
Hoodie Analytics connects the cannabis industry and consumers with the most useful cannabis information to make better decisions. With over 10,000 dispensaries tracked daily in the USA and Canada, Hoodie’s data is unparalleled in its granularity and coverage. Hoodie Analytics’ easy-to-use applications and customized consulting solutions allow dispensaries, brands, consumers and ancillary services to make better decisions through the use of data.
To learn more about Hoodie Analytics click here for the website. If you would prefer to jump on a screenshare and run through some data live CLICK HERE to schedule a call.
