New York City Will Soon Have More Cannabis Stores than New Jersey

NYC stores vs NJ stores

At first glance, comparing New York City to the entire state of New Jersey seems like an uneven match—one is a dense metropolis, the other a sprawling state. However, the data reveals a surprising parity. Despite the vast geographic difference, the eligible consumer bases are surprisingly close with NYC’s ~6.5 million adults 21+ population rivaling New Jersey’s ~7.1 million. As NYC’s store count (233) climbs toward New Jersey’s (284), the city that never sleeps is proving that a single urban center can effectively compete with the retail footprint of an entire state.

The graphic illustrates that NYC is servicing a population of ~6.5M with nearly the same efficiency (3.58 stores per 100k) as New Jersey services its ~7.1M residents (4 stores per 100k).
 
Originally published in the Cultivated Media newsletter.

Related Posts

Ready to Give Lit Alerts a Try?

Schedule a demo and we'll show you why you need to start your trial today!

No demo? No problem. Get access now.

Free Trial Sign Up

Name
We'll use your email to send you tips and tricks and keep you up to date on how much time is left on your free trial.
If you're ok with us following up on a call or text message.
What Type of Cannabis Company Do You Work For?
Lit Alerts trials are available to full time employees and consultants of cannabis companies.
Which state markets would you like to try?
How did you hear about Lit Alerts?
Which data tools are you currently using?
Terms of Service
Use of the Lit Alerts software is subject to the Term of Service.