Benchmarking
Market ComparisonApr 2026
Among small-tier cannabis markets, Rhode Island stands out with a two-year sales increase of 33.1%, driven by a retail base of just eight dispensaries that grew 14.3% over the past year. Sandwiched between Massachusetts and Connecticut, both of which have far larger dispensary networks, Rhode Island's constrained license count and rising prices set it apart from neighbors experiencing oversupply and margin erosion.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Vermont | $10-15M | 5.3% |
| Puerto Rico | $10-15M | 1.8% |
| Rhode Island | $10-15M | 24.1% |
| West Virginia | $5-10M | 2.7% |
| District of Columbia | $5-10M | 27.3% |
Benchmarking
Market ComparisonApr 2026
Among small-tier cannabis markets, Rhode Island stands out with a two-year sales increase of 33.1%, driven by a retail base of just eight dispensaries that grew 14.3% over the past year. Sandwiched between Massachusetts and Connecticut, both of which have far larger dispensary networks, Rhode Island's constrained license count and rising prices set it apart from neighbors experiencing oversupply and margin erosion.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Vermont | $10-15M | -5.3% |
| Puerto Rico | $10-15M | +1.8% |
| Rhode Island | $10-15M | +24.1% |
| West Virginia | $5-10M | -2.7% |
| District of Columbia | $5-10M | +27.3% |
