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Home»Business & Industry»Connecticut Medical Cannabis Sales Decrease for First Time Since Adult-Use Launch
Business & Industry

Connecticut Medical Cannabis Sales Decrease for First Time Since Adult-Use Launch

May 15, 2023Updated:May 15, 2023No Comments2 Mins Read
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Connecticut Medical Cannabis Sales Decrease for First Time Since Adult-Use Launch
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Medical hashish gross sales in Connecticut in April decreased for the primary time since adult-use gross sales commenced within the state, in accordance with state data outlined by CT Insider. Medical hashish gross sales in April totaled $11.4 million, down from $12.6 million in March, however had been nonetheless increased than adult-use gross sales in April, which reached $10.2 million.  

Grownup-use hashish gross sales in Connecticut commenced in January and totaled $5.1 million, whereas medical hashish gross sales reached simply over $8 million. In February, adult-use gross sales had been simply over $7 million, whereas medical hashish gross sales totaled $11.4 million. In March, adult-use gross sales climbed to about $9.6 million, with medical gross sales totaling about $12.6 million. 

The worth of medical hashish for the reason that launch of adult-use gross sales has remained steady, with a mean product value of $35.68 in January, $36.11 in February, $37.06 in March, and $36.51 in April, in accordance with state knowledge. Grownup-use costs have declined for the reason that $44.61 common seen throughout the January market launch. In February, the typical value was $41.82; $40.69 in March; and $39.58 in April.    

Regardless of the robust medical hashish gross sales, affected person counts are on the decline within the state. In January, there have been 48,896 registered medical hashish sufferers, in comparison with 46,048 in April. 

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