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Home»Business & Industry»Connecticut Cannabis Sales Reach $23M in May
Business & Industry

Connecticut Cannabis Sales Reach $23M in May

June 14, 2023Updated:June 14, 2023No Comments2 Mins Read
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Connecticut Cannabis Sales Reach $23M in May
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Mixed adult-use and medical hashish gross sales in Connecticut totaled practically $23 million in Might, in line with state Division of Shopper Safety data. Grownup-use gross sales topped $11.5 million throughout the month, whereas medical hashish gross sales reached $11.2 million. 

In the course of the month, 312,758 medical hashish merchandise had been offered, with a median worth of $35.86, whereas adult-use customers bought 292,054 merchandise, with a median worth of $39.47.  

Grownup-use gross sales totals in Might had been the very best because the launch of authorized gross sales in January, topping the earlier document of $10.2 million recorded in April. Medical hashish gross sales fell barely in Might from the $11.4 million recorded the earlier month. 

The common adult-use hashish product worth additionally reached its lowest degree since adult-use gross sales commenced however fell solely barely from April’s common worth of $39.48. Medical hashish gross sales have remained secure however Might’s common product worth was the second lowest since January.  

The costs reported by the company don’t embrace taxes, that are primarily based on milligrams of whole THC for edibles and concentrates. Flower gross sales embrace the state’s common 6.35% gross sales tax, a 3% tax that goes to the municipality the place the sale happens, and a tax primarily based on THC content material. Medical hashish gross sales are untaxed.  

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23M cannabis Connecticut Reach Sales
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