Connecticut Medical Marijuana News
A handful of medical marijuana dispensaries in Connecticut on Tuesday will expand into recreational retail, establishing another new market on the Eastern seaboard with sales expected to hit $300 million this year.
Opportunities in the U.S. cannabis industry continue to expand, despite some notable setbacks in the November 2022 elections and continuing resistance at the federal level to marijuana reform.
Andrea Comer is stepping down as chair of the Social Equity Council for Connecticut’s recreational marijuana industry, less than two weeks before the state’s adult-use market is supposed to launch in January.
Alaska’s recreational marijuana taxes are the highest in the country, and New Jersey’s are the lowest.
That’s according to Richard Auxier and Nikhita Airi, the authors of the Urban-Brookings Tax Policy Center’s September report, “The Pros and Cons of Cannabis Taxes.”
Seven retailers in Connecticut will ring up the first recreational cannabis sales in the state sometime after 10 a.m. ET on Jan. 10.
Adult-use marijuana stores in Connecticut likely won’t open until 2023, despite the state targeting the end of 2022.
Four social equity license applicants in Connecticutsare proceeding with their applications to serve the state’s upcoming $250 million adult-use cannabis market, regulators said.
