Legal marijuana sales in Connecticut remain stable, with state reports $21 million in proceeds from medical cannabis and adult use in April.
The figures, reported Wednesday by the state’s Department of Consumer Protection, showed that the newly launched adult use market posted $10.2 million in April, while the medical cannabis market brought in $11.4 million.
The sales total of $21 million was just under sales for the month of March, when the state reported cannabis sales of about $22 million.
Adult use sales of $10.2 million in April mark a new high for the state’s recreational cannabis market, which was launched in January.
Total previous sales for the adult use market were $9.5 million in March, $7 million in February and $5.1 million in the opening month in January.
The Department of Consumer Protection also on Wednesday provided other figures from total April sales, reporting that medical cannabis patients “purchased 314,985 products, and adult consumers purchased 259,499.”
“The average price of the product for medical marijuana patients was $36.51 in April, while the average price for adult products was $39.58,” the agency reported.
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This data was collected through the state’s Seed for Sale Tracking System. DCP does not make revenue forecasts, does not set sales forecasts, does not collect taxes, or regulate prices. Primary data does not include taxes collected at the point of sale on adult use transactions and is subject to further review. By the administration Medical marijuana patients do not pay taxes on the purchase of their medication…Sales data for the medical marijuana market not available prior to January 10, 2023. Tracking seeds for sale was previously not required for medical marijuana sales.Tracking adult use and medical marijuana sales is now recorded in BioTrack, It is an inventory tracking system used to monitor the movement of cannabis products in the adult and medical marijuana markets.Transaction limits of 1/4 ounce of raw flower or equivalent remain in effect for all purchases made by adults.Medical marijuana patients can purchase up to 5 ounces per month They are not subject to individual transaction limits. The department will make future data available at ct.gov/cannabis. Data will be 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 that ended prohibition and laid the groundwork for a market that launched in January.
“That is why I introduced a bill and worked diligently with our partners in the legislature and other stakeholders to create a comprehensive framework for a securely regulated market that prioritizes public health and safety, social justice and equity. It will help eliminate the dangerous unregulated market and support a new sector,” Lamont said at the time. By allowing adults to possess cannabis, regulating its sale and contents, training police officers in the latest technology to detect and prevent impaired driving, and expunging criminal records for people who commit certain cannabis offenses, we are not only modernizing our laws and To address inequalities, we maintain Connecticut’s economic competition with our neighboring states.”
in December, Lamont announced that, as part of the new cannabis law, it was overturning some 44,000 low-level pot-related convictions.
“Especially as Connecticut employers seek to fill hundreds of thousands of job openings, an outdated conviction for low-level cannabis possession should not deter anyone from pursuing their professional, residential, occupational, and educational aspirations,” said the governor, who was re-elected for a second term in November. , he said in a statement at the time.
