Florida Cannabis Market Update: Strong patient growth continues

Florida cannabis market data remained relatively stable through the week of March 12, with no major trend shifts or reversals to note.

The full data set and interactive charting can be downloaded here.

We are adding a new data point to our Florida market analysis this week – patient growth (month-over-month).

Looking at the past 13 months of data, the total number of patients per month has risen rapidly and continues to post strong growth of 3%-5% per month.

That equates to annual patient growth range of about 40%-80% in the state of Florida.

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20
# of Patients 180,030 190,646 201,708 213,871 224,815 237,729 248,380 260,725 267,877 280,149 289,285 299,914 308,353 323,582
% Growth mo/mo 5.9% 5.8% 6.0% 5.1% 5.7% 4.5% 5.0% 2.7% 4.6% 3.3% 3.7% 2.8% 4.9%