Summary – Sales in Oregon’s dispensaries reached $42.7 million in March, a 33 percent increase from the previous March. Compared to February 2018, Adult use and Medical sales combined experienced seasonal sales growth of 10 percent. Sales to adults 21 and over grew 44 percent in March compared to the previous year, while sales to medical patients declined 9 percent.
The sales of flower/bud generated $18 million in revenue in March, a five percent decline from the previous March. The decline in flower sales was driven by lower retail prices. On average, a gram of flower in March 2018 sold for 27 percent less than the previous year. The lower prices helped boost demand as flower sales grew 31 percent by volume from the previous year.
Concentrate sales in March increased 67 percent from the previous year, reaching $12 million.Compared to February, concentrate sales grew 12 percent. Consistent growth in concentrates has lead to increasing share of revenues. In March, 28 percent of revenues from Oregon dispensaries were from concentrates.
With $6.9million in sales in March, sales of edibles continue to increase in popularity, growing 71 percent from the previous year.
March sales volume and change from previous month and previous year:
| Category | March Sales | Growth from February 2018 | Growth from March 2017 |
|---|---|---|---|
| Flower: | $18M | 4% | -5% |
| Pre-Rolls: | $3.3M | 18% | 67% |
| Concentrates: | $12M | 12% | 67% |
| • Live Resin: | $480K | 45% | 218% |
| • Oils: | $786K | 13% | 46% |
| • Shatter: | $1.1M | -1% | -11% |
| • Vape: | $8.4M | 13% | 87% |
| • Wax: | $282K | 13% | 274% |
| Edibles: | $6.9M | 20% | 71% |
| • Beverages: | $262K | 53% | 255% |
| • Candy: | $3.5M | 18% | 94% |
| • Chocolates: | $1.2M | 17% | -6% |
| • Infused Foods: | $326K | 32% | 36% |
| • Pills: | $163K | 37% | 110% |
| • Tinctures: | $1.5M | 18% | 146% |
| Topicals: | $624K | 14% | 46% |
–Dawne Morris
Passion Pusher
www.proteus420.com