Cannabis Market Overview 2021

<p><span style="font-weight: 400;">Cannabis sales peaked in August, falling four consecutive months across all 15 markets Headset currently tracks, with the exception of Ontario who went from $86M in sales in January to $117M in December for a total of $1.095B in sales for 2021.</span></p> <p> </p> <p><span style="font-weight: 400;">California led the way with $5.066B, while CO, WA, OR, IL, MA, MI, & ON all broke the BILLION dollar mark for 2021 #cannabissales. However NV, WA, OR, AB, & SK all ended the year with negative growth.</span></p> <p> </p> <p><span style="font-weight: 400;">Average basket size started decreasing after June, while the number of transactions increased- indicating consumers were going to #potshops more often, but spending less per transaction.</span></p> <p> </p> <p><span style="font-weight: 400;">Brand concentration has remained relatively steady, however, it's anticipated that consolidation will pick up as Canadian companies and #privateequity and #venturecapitalists come into the space in anticipation of U.S. Federal legalization to snap up under-valued cannabis prospects in hopes of a #legalization rally that'll spark the next wave of #potstock speculation.</span></p> <p> </p> <p><span style="font-weight: 400;">Episode 847 The #TalkingHedge dives into Headset’s data…</span></p> <p><a href="https://youtu.be/blgpfB2vJuo"><span style= "font-weight: 400;">https://youtu.be/blgpfB2vJuo</span></a></p> <p><span style="font-weight: 400;">#CannabisData #CannabisAnalytics #CannabisSalesData</span></p>