Puerto Rico Cannabis Sales

Puerto Rico's two-year sales decline of nearly 72% is among the steepest contractions of any tracked U.S. cannabis market, dropping it firmly into small-tier territory. The island's 266 dispensaries are thinning out, with 5% fewer locations than a year ago, and prices have cratered more than 40% year over year, positioning it as one of the most affordable legal markets nationally. That price erosion has kept unit movement positive even as revenue barely grows at 1.8% annually.

24-Month Trend

State	Sales	YoY
Mississippi	$15-20M	6.9%
Vermont	$10-15M	5.3%
Puerto Rico	$10-15M	1.8%
Rhode Island	$10-15M	24.1%
West Virginia	$5-10M	2.7%

Benchmarking

Market ComparisonApr 2026

Puerto Rico's two-year sales decline of nearly 72% is among the steepest contractions of any tracked U.S. cannabis market, dropping it firmly into small-tier territory. The island's 266 dispensaries are thinning out, with 5% fewer locations than a year ago, and prices have cratered more than 40% year over year, positioning it as one of the most affordable legal markets nationally. That price erosion has kept unit movement positive even as revenue barely grows at 1.8% annually.

24-Month Trend

State	Sales	YoY
Mississippi	$15-20M	+6.9%
Vermont	$10-15M	-5.3%
Puerto Rico	$10-15M	+1.8%
Rhode Island	$10-15M	+24.1%
West Virginia	$5-10M	-2.7%

Top performing dispensaries in Puerto Rico.

Store	City	Est. Sales
#1 Hierba Buena LLC	Fajardo	$.5M-1M
#2 Royal Grass	Naguabo	$.5M-1M
#3 Farma Verde - Bayamon	Bayamon	$.5M-1M
#4 Gras Cannabis Collection	Bayamon	$250-500K
#5 Weedco - Ponce	Coto Laurel	$250-500K

Concentrates are the fastest-moving category in Puerto Rico, surging nearly 50% year over year despite holding just 3.4% of total market share. Flower remains dominant at 61% of sales and posted solid 11.2% annual growth, while vapes lost considerable ground, contracting almost 20% to hold a 21% share. Edibles dipped slightly at a negative 2.1% clip, and oral products climbed 23% off a small 1.3% base. AEROSPACED GRINDERS leads among top brands, and the category shifts suggest consumers are gravitating toward traditional flower and emerging formats like concentrates while pulling back from vape products.

Category	Sales	Avg Price	YoY
#1Flower	$5-10M	$4.32	11.3%
#2Vapes	$1-2.5M	$9.59	19.5%
#3Edibles	$1-2.5M	$5.75	2.1%
#4Concentrates	$250-500K	$13.62	49.6%
#5Oral	<$250K	$10.24	23.1%
#6Pre-Rolls	<$250K	$15.83	57.4%
#7Accessories	<$250K	$18.44	42.6%
#8Topicals	<$250K	$9.97	42.2%
#9Cbd	<$250K	$2.69	N/A