Connecticut Marijuana Retailers Sold $274 Million In Recreational Market’s First Year, With Another New Monthly Record To End 2023 ⋆ Patriots Hemp

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Connecticut Marijuana Retailers Sold $274 Million In Recreational Market’s First Year, With Another New Monthly Record To End 2023

Connecticut Marijuana Retailers Sold $274 Million In Recreational Market’s First Year, With Another New Monthly Record To End 2023

On the one-year anniversary of the opening of the adult-use marijuana market in Connecticut, state officials announced Wednesday that 2023 saw more than a quarter-billion dollars ($274 million) in total sales between the recreational and medical cannabis markets combined.

In December, the most recent month for which sales data is available, adult-use retailers sold just over $17.1 million in cannabis products, while medical marijuana sales exceeded $10.3 million. Together, the markets’ roughly $27.5 million in sales marked the highest single-month sales total so far recorded, according to the Connecticut Department of Consumer Protection (DCP).

Last month’s record broke the previous $25.7 million sales record set a month earlier.

“One year ago, the state of Connecticut opened an entirely new market, creating jobs, opportunity, and a safe, regulated way for adults to purchase cannabis,” DCP Commissioner Bryan T. Cafferelli said in a statement accompanying the sales data. “Since then, many new businesses have opened and more are on the way. We are proud of the work carried out by our agency over the past year, and we are looking forward to continued growth, fair regulation, collaboration with our sister agencies, and thoughtful problem solving as new challenges present themselves in the

Read full article on Marijuana Moment



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