A $25.5M Opportunity: 23 Marijuana Brands Compete For New Jersey’s Budding Pre-Roll Market
The New Jersey cannabis market, boasting a 23% increase in overall cannabis revenue in the last quarter of 2023, is witnessing substantial growth, particularly in the pre-roll segment.
Despite challenges such as limited brand diversity, pre-roll sales specifically rose by 8%, reaching a total of $25.5 million.
With just 23 active brands in the pre-roll category, this sector represents a significant opportunity for growth as market conditions continue to evolve. This data is sourced from the latest market report by RollPros.
Top Performers And Market Trends
Leading the charge in revenue and product variety is Verano (OTC: VRNOF), …