Nevada Cannabis Sales

Overview

Pre-Rolls are the only major category growing in Nevada, climbing 11.8% year over year to claim 18.3% of sales even as the broader market contracted 2.2%. That single-category surge stands out against a backdrop of widespread decline: the market has shrunk nearly 10% over two years, prices are essentially flat, and the store count holds steady at 117 dispensaries with zero net new openings. Flower still leads at 36.7% share but shed 7.3% year over year, while Vapes slipped 1.7% and Edibles dipped 2.1%. Nevada remains a small-tier market where tourism-driven foot traffic along the Las Vegas Strip has historically fueled outsized per-store productivity, but that advantage has not insulated it from a prolonged spending pullback. STIIIZY continues to lead brand presence across the state. Nevada legalized medicinal marijuana in 2000 and recreational cannabis in 2016, with licensed retail sales beginning in 2017.

• Top Brand: Stiiizy
• Category Breakout: 35.6%
• Top Category: Flower (36%)