New York Cannabis Industry — Sales & Licenses
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5-Year Trend
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What this means
New York legalized adult-use cannabis in 2018 and the market now generates over $3B in annual retail sales. The CRA publishes monthly sales, units sold, and active license counts — a clean view of an industry still finding its equilibrium price.
What you can do
- Average retail price per ounce has fallen ~75% from 2021 highs — track to gauge oversupply pressure.
- License counts (grower / processor / retailer) give a forward indicator of supply changes.
- Tax revenue from cannabis funds the New York School Aid Fund, transportation, and local municipalities — see CRA annual reports.
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