Decline in Legal Cannabis Sales in Washington Continues
Seattle — Legal cannabis sales in Washington have declined for a fifth year in a row, with 2025 on track to possibly hit levels not seen since 2019.
Market Revenue Trends
State revenue records show cannabis retailers reported $277 million in sales in the first quarter, roughly $100 million less than the market peak reached during the pandemic in 2021.
Factors Contributing to the Decline
The State Liquor and Cannabis Board points to an oversupply of product as the main factor. That surplus has pushed prices downward and driven overall revenue back toward pre-pandemic figures.
Future Projections and Economic Impact
Department of Revenue data suggest that if current trends persist, 2025 could register the steepest annual drop the legal market has experienced to date.
The sustained downturn carries economic consequences for state tax receipts and poses challenges for growers, processors, and retailers attempting to balance supply with demand in a volatile market.
Manny Rivera
NonStop Local Digital Producer