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

Combined medical and adult-use cannabis sales in Connecticut set a new monthly record at $25 million in August after adult-use sales totaled $14 million and medical cannabis sales reached $11 million.

Full story after the jump.

Cannabis sales in Connecticut continue to set records, topping $25 million in August, according to the Department of Consumer Protection (DCP). In August, adult-use sales in the state totaled $14 million, while medical cannabis sales reached $11 million. 

It’s the seventh month in a row that adult-use sales in the state have increased. Medical cannabis sales also saw a slight increase of about 8,000 purchases after declining for four straight months. 

In all, 52% of combined cannabis sales were flower, with vape products comprising 30%, and edibles another 11%. In August, medical cannabis patients purchased 278,395 products, and adult-use consumers purchased 354,700 products. The average product price for medical cannabis patients was $39.36 in August, while the average price of adult-use products was $39.49, the DCP said in a press release. The figures represent a slight decline from average product prices in the state the prior month – $39.92 for adult-use products and $36.66 for products sold to registered patients. 

The data does not include taxes collected at the point of sale on adult-use transactions and is subject to further review by the department. Medical cannabis patients do not pay taxes on the purchase of their medicine. 

Get daily cannabis business news updates. Subscribe

Have an additional perspective to share? Send us a message to let us know, and if your comment is chosen by our editors it could be featured here.


Ganjapreneur is made possible by our partners:

Latest Cannabis News

View all news Get email updates

Featured Business Profiles

Create a profile View all categories

From Our Partners