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

Top performing dispensaries in Puerto Rico.

Store	City	Est. Sales
#1 Hierba Buena LLC	Fajardo	$.5M-1M
#2

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.