Benchmarking
Market ComparisonOct 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
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Benchmarking
Market ComparisonOct 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 |
|---|---|---|
| Connecticut | $25-35M | +3.8% |
| Arkansas | $25-35M | +0.2% |
| Puerto Rico | $25-35M | -12.9% |
| Alaska | $15-20M | -3.9% |
| Utah | $15-20M | +13.3% |
