Connecticut’s cannabis sales decline 12% in September

Total cannabis sales in Connecticut dropped 12% in September, according to recently released data.
Published: October 15, 2024

Total cannabis sales in Connecticut dropped 12% in September, according to recently released data.

Recreational and medical marijuana sales declined from $25.6 million in August to $23.4 million in September, according to the state’s Department of Health and Human Services.

Adult-use sales fell 7.6%, from $18 million in August to $16.6 million in September.

Medical marijuana sales dropped 10.9%, from $7.7 million to $6.8 million.

new framework ctas (2)

Ben Zachs, owner of recreational and medical marijuana retailer Fine Fettle, said sales were lower than expected.

“Our metrics showed that, just in terms of fundamentals, September should have been a month that was about 8.5% below August,” Zachs told CT Insider.

“But to see 12% was not what we’d love to necessarily see as we’re trying to build this market up.”

Prices also dropped, with the average price per gram declining from $12.16 in August to $11.61 in September.

Contributing to the decline, in part, are an oversupply of marijuana in neighboring states such as Massachusetts as well as the expansion of New York’s adult-use market, Zachs told CT Insider.

Connecticut’s marijuana market earlier this year experienced its first sales decline since its 2023 launch.

In January, Connecticut retailers sold $15.6 million in adult-use products and $9.37 million in MMJ goods, down from $17.1 million and $10.3 million, respectively, in December.

MJBizCon Logo