Connecticut noticed one more month of record-breaking marijuana gross sales in September, with medical and leisure purchases exceeding $25 million for the primary time, new state information revealed on Tuesday exhibits.
Grownup-use hashish gross sales hit $14,388,751 final month—the ninth month in a row of record-topping leisure marijuana purchases because the market launched in January. Medical hashish gross sales totaled $10,814,987.
All advised in September, the Connecticut Division of Client Safety (DCP) reported $25,203,738 in authorized hashish purchases, which is up about $250,000 from August.
Grownup customers purchased 376,035 complete hashish merchandise, whereas sufferers bought 284,116 medical marijuana gadgets. On the identical time, the price of leisure hashish has step by step declined because the market opened, with the common product value amounting to $38.37 final month.
Simply over half (52 %) of marijuana bought final month was useable hashish (or flower). Vapes accounted for 30 % of gross sales, adopted by edibles at 11 %.
“The preliminary information doesn’t embrace taxes collected on the level of sale on adult-use transactions and is topic to additional overview by the division,” DCP said. “Medical marijuana sufferers don’t pay taxes on the acquisition of their medication.”
“Adults who select to eat hashish are reminded to take action responsibly, together with storing hashish merchandise of their unique packaging, locked up and out of attain of kids and pets,” the division added.
To this point, it seems that Connecticut is experiencing the identical sort of business tendencies that different states have seen after enacting legalization, with the medical hashish market step by step thinning because the adult-use system matures and expands.
In the meantime, as of July 1, Connecticut adults 21 and older can now develop their very own marijuana crops for private use—one of many newest provisions of the state’s hashish legalization regulation to take impact.
Forward of that regulation changing into efficient, DCP revealed a discover to remind the general public concerning the coverage change, detailing the principles and inspiring individuals who select to take part to domesticate hashish “responsibly.”
Additionally, Connecticut officers lately introduced they’re rolling out a brand new mortgage program aimed toward supporting social fairness marijuana companies, offering monetary help to assist individuals who’ve been disproportionately impacted by prohibition broaden operations within the authorized business.
Connecticut is much from the one states that noticed record-breaking marijuana gross sales in latest months.
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For instance, New Mexico’s authorized marijuana retailers bought greater than $47 million of mixed adult-use and medical marijuana merchandise in September, in line with information from the state Regulation & Licensing Division (RLD).
Illinois marijuana retailers bought practically 3.7 million adult-use hashish merchandise in September, That’s extra merchandise than throughout another month since leisure gross sales launched in January 2020, amounting to $139.5 million in complete gross sales.
In Maryland, the state reported greater than $90.7 million price of marijuana merchandise have been bought in September, the majority of which was pushed by record-high month-to-month gross sales to adult-use customers. Medical hashish purchases, in the meantime, have dipped barely following the opening of adult-use shops in July.
August was additionally a record-setting month in Rhode Island, which bought its highest quantity of hashish for the fourth consecutive month, notching $9.7 in month-to-month receipts.
Purchases of adult-use hashish in Montana hit a month-to-month file in August, in line with the state’s Hashish Management Division.
In Maine, marijuana gross sales equally reached a file excessive in August, with practically $22 million price of purchases.
Massachusetts retailers have now bought greater than $5 billion in adult-use marijuana because the state’s leisure market launched 5 years in the past, the state reported final month. Gross sales reached $139.3 million in August alone, with the year-to-date complete at $1.05 billion inside the first eight months of 2023.
Michigan marijuana gross sales reached one more file excessive in July, with practically $277 million price of hashish bought.
Missouri retailers have been promoting about $4 million price of marijuana per day on common because the state’s adult-use market opened up in February—and the state noticed a file $121.2 million in hashish purchases in June.
The U.S. Census Bureau lately launched its first report on state-level marijuana tax income information following what the company known as “an entire canvass of all state businesses” going again to July 2021. Within the 18-month interval between then and the top of 2022, the information present, states collected greater than $5.7 billion from licensed hashish gross sales.
Photograph courtesy of Mike Latimer.