Benchmarking
Market ComparisonAug 2026
Once the template for legal cannabis in the United States, Colorado has seen sales shrink more than 13% over two years, placing it among the weakest performers in a peer group of mature Western markets. Its dispensary count has thinned to 662, down nearly 3% year-over-year, as sustained price declines approaching 10% force consolidation. Neighboring markets in Missouri and Oklahoma continue to pull consumer and tourist dollars that once flowed into Colorado.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Maryland | $100-110M | 3.1% |
| Washington | $90-100M | 1.1% |
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Benchmarking
Market ComparisonAug 2026
Once the template for legal cannabis in the United States, Colorado has seen sales shrink more than 13% over two years, placing it among the weakest performers in a peer group of mature Western markets. Its dispensary count has thinned to 662, down nearly 3% year-over-year, as sustained price declines approaching 10% force consolidation. Neighboring markets in Missouri and Oklahoma continue to pull consumer and tourist dollars that once flowed into Colorado.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Ohio | $110-120M | +23.9% |
| Maryland | $100-110M | +3.1% |
| Colorado | $100-110M | -10.6% |
| Washington | $90-100M | -1.1% |
| Arizona | $90-100M | -0.2% |
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