Connecticut marijuana sales set monthly record as adult-use prices decline
Monthly sales of regulated adult-use and medical marijuana surpassed $25 million in September, a monthly record since recreational sales launched in January.
Connecticut Medical Marijuana News
Monthly sales of regulated adult-use and medical marijuana surpassed $25 million in September, a monthly record since recreational sales launched in January.
Connecticut and Maine both posted modest marijuana sales increases in August, according to the latest state data.
Connecticut’s regulated marijuana industry has been left with a single licensed testing laboratory after the closure of one of the state’s two authorized labs.
Sales of adult-use marijuana hit the $5 billion mark in Massachusetts, where the executive director of the state’s Cannabis Control Commission shot down an earlier announcement that he is resigning.
Connecticut has launched a new loan program to help qualifying marijuana social equity applicants as well as municipalities and nonprofits “rehabilitate, renovate, or develop unused or underused real property for use as a cannabis establishment.”
A group of suburban Stamford, Connecticut, homeowners who are upset about marijuana legalization is suing to shut down local cannabis sales.
Cannabis companies from Northern California to South Florida will continue confronting operational challenges this week, as severe weather taxes power grids while parts of the Northeast struggle to recover from historic flooding.