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Data Dive: Cannabis Extract Sales Skyrocketing

June 6, 2017
If you were lucky enough to secure a producer license in Washington state back in 2014, you may be reaping the benefits of that purchase. According to recent data released by the Washington State Liquor and Cannabis Board, sales of cannabis concentrates have skyrocketed by over $140 million in just two and a half years.

In the first year of cannabis sales, Washington recorded a little more than $3.4 million in sales through 69,642 units sold.

Two years later, the state tallied a staggering $143.2 million in sales through 6.6 million units sold. These types of increases are seen across the board in Washington, as the state topped the $1 billion total sales mark last year.

Related

Washington Is Overtaking Colorado in Cannabis Sales

In 2014, sales of infused edibles topped $2.2 million, with just over 73,000 units sold. Fast forward just two years and sales of edibles in Washington state topped $45.7 million, with more than 3.68 million units sold.

The LCB is still collecting the data for this year, but expect steady increases to continue, as the states cannabis retail sales continue to grow month-over-month.

 

TypeYearUnits Sales
Concentrates (Dab & Vape)201469,6423,483,681.11
20151,752,50152,953,076.08
20166,602,884143,282,686.92
Infused Edibles 201473,0592,241,379.01
20151,543,98127,030,263.95
20163,685,71245,735,192.66
Infused Beverages201420,902752,398.8
2015436,2929,563,422.8
2016946,38316,322,443.94
Infused Topicals201429218,458.23
201553,7091,041,947.43
2016202,9843,958,737.36

Gage Peake's Bio Image

Gage Peake

Gage Peake is a former staff writer for Leafly, where he specialized in data journalism, sports, and breaking news coverage. He's a graduate of the University of Nebraska-Lincoln's College of Journalism and Mass Communications.

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  • Open Minds

    To each their own, just remember that high concentrations of THC downregulate your Endocannabinoid System.

    • sasj

      How do they do that? That is a new claim to me.

      • Two Bears

        Thc has a molecule ALMOST IDENTICAL to the neural transmitter Anandamide.

        Lots of THC supress Anandamide in the brain.

        Every user knows that if you lay off a few days your tolerance goes down and get stoned on less

  • Two Bears

    I never got consistent relief from my Crohns disease till i left buds and moved to a concentrate Kief or shatter. Buds was just too hit and miss for my condition.

  • Toni M Dean

    Open minds is right, on that folks who use concentrates the THC levels are higher and doesn’t take much for releaf, and if you lay off a few days it does make a difference, that’s true with pharmaceutical perscription too, I don’t like chemical drugs so I use God’s gift to this Earth for pain, Cannabis.