Beard Bros Pharms is excited to announce a new collaboration with data partner Hoodie Analytics to provide in-depth insights into select cannabis markets across the United States. This partnership combines Beard Bros Pharms’ expertise in current news, cannabis cultivation and advocacy with Hoodie Analytics’ unparalleled data on dispensary sales and market trends.
This spotlight on New Jersey marks the first in a continuing series, where we will focus on a particular state’s cannabis market, giving you unique, data-backed insights. Each month, we will dive into sales data, top-performing brands, and pricing trends to give readers a comprehensive understanding of the ever-evolving cannabis industry.
Cannabis sales in New Jersey during the month of June generated over 78 million dollars in sales. The largest category for June is Flower, which sold over 30 million dollars. Second place goes to the vape category, bringing in over 25 million dollars. Because the cannabis industry is hyper-local, let’s dive specifically into Central New Jersey. Here is a look at their Top 10 Flower brands for June:
Zooming back out to the entire state of New Jersey, what is the most popular flower size sold? Just like most US markets, eighths are dominant. Here’s a look at which Flower sizes are being sold in June:
The average eighth of flower in New Jersey for June is priced (pre-tax) at about $55.92 before taxes. Here’s a breakdown of eighth prices around the garden 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.
If you want to see more marketplace data, CLICK HERE to schedule a call.
