Connecticut Cannabis Sales Reach $22 Million in March
Recreational and medical cannabis in Connecticut have profited $22.1 million in sales in March 2023.
In March 2023, the recreational and medical cannabis market in Connecticut have generated $22.1 million in sales (1). This is a 20% increase from the previous month.
First launched on January 10th, Adult-use sales accounted for nearly 43% of the total. The previous month, February, recreational cannabis use transactions held 38% of the $18,466,141 in total cannabis sales in the state.
Connecticut has 5 dispensaries transitioning to recreational sales throughout the state. Since January 2023, medical cannabis patients have decreased by about 2,300. The number of medical cannabis patients in the state is nearly 47,000, according to state data (1). This gap in sales between recreational and medical cannabis could shorten in the months to come. Pricing for adult-use cannabis has decreased by 8% since January while, medical cannabis products have stayed stagnant at $36.55.
Cannabis retailers in Connecticut are anticipated to bring in $200 million in recreational transactions and generate $149 million in medical cannabis sales, according to MJBiz’s recently released 2023 Factbook (2).
References
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February 28th 2025In this latest installment of Noid Knowledge we are joined by Julie Kowalski, a leading mind in analytical chemistry and cannabis testing. Julie has arranged a very compelling symposium for Pittcon entitled Cannabis Aroma: Advances and Challenges in Determining and Commercializing Cannabis Product Quality Attributes. It is taking place on Wednesday, March 5, 2025, starting at 9:30 AM in room 209. The session features top notch speakers, including several previous guests of this show, and yours truly, discussing the next generation of quality assessment in cannabis.
Ep 24, Part III: Data Transparency in Cannabis Testing with Yasha Kahn
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The Cost of Compliance in the Cannabis Industry
April 1st 2025The financial and reputational risks of non-compliance far outweigh the upfront investment required to establish robust compliance systems. This blog explores the true cost of compliance, what non-compliance can mean for a business, and why investing in compliance is a proactive, strategic decision rather than a burdensome expense.
