Benchmarking
Market ComparisonApr 2026
Few markets of any size can match New York's two-year sales surge of nearly 175%, a pace that reflects the sheer scale of pent-up demand in the most densely populated state to legalize recreational cannabis. The dispensary count jumped more than 38% year over year to 649 stores, yet the market remains in the emerging tier, suggesting significant runway as licensing continues to expand and the illicit market gradually contracts.
24-Month Trend

| State | Sales | YoY |
|---|---|---|
| Michigan | $250-260M | 4.6% |
| Florida | $170-180M | 1.3% |
| New York | $150-160M | 6.7% |
| Massachusetts | $150-160M | 0.8% |
| Missouri | $130-140M | 3.0% |
Benchmarking
Market ComparisonApr 2026
Few markets of any size can match New York's two-year sales surge of nearly 175%, a pace that reflects the sheer scale of pent-up demand in the most densely populated state to legalize recreational cannabis. The dispensary count jumped more than 38% year over year to 649 stores, yet the market remains in the emerging tier, suggesting significant runway as licensing continues to expand and the illicit market gradually contracts.
24-Month Trend

| State | Sales | YoY |
|---|---|---|
| Michigan | $250-260M | -4.6% |
| Florida | $170-180M | +1.3% |
| New York | $150-160M | +6.7% |
| Massachusetts | $150-160M | +0.8% |
| Missouri | $130-140M | +3.0% |