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Home»Business & Industry»Connecticut Cannabis Sales Hit Record High of $25M in August
Business & Industry

Connecticut Cannabis Sales Hit Record High of $25M in August

September 14, 2023Updated:December 6, 2024No Comments2 Mins Read
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Hashish gross sales in Connecticut proceed to set data, topping $25 million in August, in line with the Division of Client Safety (DCP). In August, adult-use gross sales within the state totaled $14 million, whereas medical hashish gross sales reached $11 million. 

It’s the seventh month in a row that adult-use gross sales within the state have elevated. Medical hashish gross sales additionally noticed a slight improve of about 8,000 purchases after declining for 4 straight months. 

In all, 52% of mixed hashish gross sales have been flower, with vape merchandise comprising 30%, and edibles one other 11%. In August, medical hashish sufferers bought 278,395 merchandise, and adult-use shoppers bought 354,700 merchandise. The typical product worth for medical hashish sufferers was $39.36 in August, whereas the typical worth of adult-use merchandise was $39.49, the DCP stated in a press release. The figures symbolize a slight decline from common product costs within the state the prior month – $39.92 for adult-use merchandise and $36.66 for merchandise bought to registered sufferers. 

The information doesn’t embody taxes collected on the level of sale on adult-use transactions and is topic to additional assessment by the division. Medical hashish sufferers don’t pay taxes on the acquisition of their medication. 

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