Arizona cannabis sales continue downward trajectory, falling another 10% in in September
- Arizona's marijuana market saw its lowest monthly sales numbers of the year in September, totaling $83.1 million in combined recreational and medical cannabis sales.
- Sales have been steadily declining every month since March, when dispensaries reported $113.7 million in total cannabis sales.
- September sales included $15.8 million in medical cannabis sales and $67.2 million in recreational cannabis sales, marking the lowest points for both categories in the year.
- The overall sales trend in Arizona is on track to fall below the $1.4 billion sold by dispensaries in 2022, according to reports.
The Arizona marijuana market continued its lengthy slide through the month of September, clocking its lowest monthly sales numbers of the year thus far with just $83.1 million in total recreational and medical cannabis sales combined, down a whopping 26% from a high point in March, according to state data.
In March, dispensaries reported a total of $113.7 million in cannabis sales, but the numbers have been steadily ticking down every month consecutively like clockwork, according to statistics from the state Department of Revenue.
Monthly marijuana sales in Arizona since March have totaled:
September sales included $15.8 million in medical and $67.2 million in recreational, both lows for the calendar year. March was the high point for both medical and adult use, at $24.3 million and $89.4 million, respectively.
The sales figures are on pace to fall below the 2023 full-year total of the $1.4 billion sold by Arizona dispensaries last year, the Arizona Mirror reported.
Arizona is not the only marijuana market hit by a downturn; several other state cannabis markets have been experiencing extended or at least seasonal dips, including California, Colorado, Connecticut, Michigan and New Mexico, while some newer markets like New York and Ohio are still on the upswing.