Authorized marijuana gross sales in Connecticut set a brand new file in November, with practically $25.7 million in whole gross sales for the month. That determine consists of $15.4 million in gross sales to grownup customers—the best quantity because the leisure market opened in January.
Medical marijuana gross sales, in the meantime, held regular in November at about $10.3 million after months of constant declines.
All advised, state-licensed retailers have reported practically 1 / 4 of a billion {dollars} value of whole hashish gross sales to this point in 2023, in accordance with newest numbers from the Connecticut Division of Shopper Safety.
The adult-use market additionally noticed the acquisition of extra authorized merchandise than ever in November, with greater than 400,000 objects in whole. Gross sales to registered sufferers, in the meantime, had been roughly flat, at simply over 280,000 merchandise.
By way of merchandise varieties, hashish flower has made up greater than half (52 p.c) the full gross sales quantity for the 12 months, at $128.8 million in whole gross sales. In second place are vape cartridges, at $69 million or 28 p.c of gross sales. After which can be infused edibles (10 p.c), dabbable extracts (6 p.c) and miscellaneous different merchandise (4 p.c).
The worth of a median product is presently about the identical on each the medical marijuana market ($36.99) and the adult-use market ($38.44), in accordance with state numbers. When leisure gross sales started in January, the typical grownup product value practically $9 greater than the typical medical product, at $44.61 in comparison with $35.68.
Knowledge reported by the company are collected by the state’s seed-to-sale monitoring system. Medical marijuana gross sales figures for earlier than the adult-use market launched, in January 2023, usually are not accessible as a result of monitoring was beforehand not required, the state mentioned in its newest release.
One factor to observe within the coming month is how gross sales numbers change as buy limits enhance for adults. As of December 1, customers should purchase twice as a lot marijuana in a single transaction as they presently can—the equal of a half ounce of marijuana up from 1 / 4 ounce.
Regulators have mentioned the adjustment was the results of ongoing evaluation of accessible provide and demand within the state.
Medical marijuana sufferers can buy as much as 5 ounces monthly and aren’t restricted by particular person transaction limits.
Final month, Connecticut regulators barred alcohol gross sales on Thanksgiving however mentioned that marijuana retailers might stay open.
Amid rising business gross sales numbers, a state activity pressure to check whether or not people who develop marijuana at residence must be allowed to promote merchandise at hashish occasions has but to be shaped regardless of a statute requiring the duty pressure to submit a report subsequent month.