A steady decline in sales continues
D.C. released the monthly medical cannabis program metrics for November, revealing a continued drop in dispensary sales since the March program record high. Out-of-state and non-resident temporary patient registrations continue to decline, eclipsing the slight growth in D.C. medical patient registrations.
The program sold a little more than $4.6 million in cannabis products overall, a 9% decline in sales compared to November 2022. It’s important to note that these metrics do not include the gray market I-71 shops that proliferate across the city.
November 2023 Highlights
- Patients served dropped by over 100 from October.
- The top state for temporary patient registrations was Maryland for the third month in a row followed by Virginia than Florida.
- Out-of-state patient registrations dropped by 109 and non-resident temporary registrations dropped by 203. D.C. resident patient registrations rose by only 108.
- The slow growth of D.C. patients is not making up for a potential loss of customers to Maryland’s adult-use market which will only grow.
- Straight cannabis bud sales (483lbs) fell for the third month straight.
- Edibles, shake/trim and concentrate all rose in sales.
- 4,340 pounds of cannabis waste was destroyed in November.
- Over 1,200 patient registrations are set to expire by the end of February.
- 2023 patient sales continue to drop from a program high this April when a four year record of over $3.5 million in dispensary sales was hit.