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Connecticut hits $21 million in legal cannabis sales in April
Legal marijuana sales in Connecticut remain steady, with the state reporting $21 million in medical and adult-use cannabis sales in April.
Figures released by the state’s Department of Consumer Protection on Wednesday showed that the newly launched adult use market posted sales of $10.2 million in April, while the medical cannabis market brought in $11.4 million.
Total sales of $21 million were only slightly below sales for the month of March, when the state reported approximately $22 million in cannabis sales.
Adult sales of $10.2 million in April marked a new high for the state’s recreational cannabis market, which started in January.
Total sales to date for the adult market were $9.5 million in March, $7 million in February and $5.1 million in the first month of January.
The Department for Consumer Protection also released additional figures on overall April sales on Wednesday, reporting that patients using medicinal cannabis “purchased 314,985 products and consumers using it for adults 259,499.”
“The median product price for medical marijuana patients in April was $36.51, while the median product price for adult products was $39.58,” the agency reported.
More from the department:
“This data was collected through the state’s seed-to-sale tracking system. DCP does not forecast sales, set sales expectations, collect taxes, or regulate prices. Preliminary data excludes point-of-sale taxes levied on adult-use transactions and is subject to further review by the department. Medical marijuana patients pay no taxes on the purchase of their drug. Sales data for the medical marijuana market is not available prior to January 10, 2023. Traditionally, selling medical marijuana has not required tracking from seed to sale. Sales of adult and medical marijuana are now tracked in BioTrack, the inventory tracking system used to monitor the movement of cannabis products in the state’s medical and adult cannabis markets. Transaction limits of 1/4 ounce raw flower or equivalent will still apply to all adult purchases. Medical marijuana patients can purchase up to 5 ounces per month and are not subject to individual transaction limits. The Department will make future data available at ct.gov/cannabis. Data is updated monthly on or after the 10th of each month and new data will continue to be added as it becomes available.”
Connecticut legalized recreational cannabis for adults 21 and older in 2021 when Democratic Gov. Ned Lamont signed a bill into law ending prohibition and laying the groundwork for the market launched in January.
“That’s why I introduced legislation and worked hard with our lawmakers and other stakeholders to create a comprehensive framework for a safely regulated marketplace that prioritizes public health, public safety, social justice and equity.” It will help eliminate the dangerous unregulated market and support a new, growing sector of our economy that will create jobs,” Lamont said at the time. “By allowing adult possession of cannabis, regulating its sale and content, training law enforcement officers in the latest techniques to detect and prevent disruptive driving, and erasing the criminal records of individuals with certain cannabis-related crimes, we are not only effectively modernizing our laws and by By eliminating inequalities, we keep Connecticut economically competitive with our neighbors.”
In December, Lamont announced that he would overturn approximately 44,000 minor marijuana-related convictions under the new cannabis law.
“Especially with Connecticut employers trying to fill hundreds of thousands of vacancies, a long-standing conviction for low-level cannabis possession should not deter anyone from pursuing their career, housing, professional and educational goals,” said the governor-turned elected for a second term in November, it said in a statement at the time.
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