Adult-use marijuana sales growth in 2023 varied by market age
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.
Connecticut Medical Marijuana News
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.
Connecticut’s attorney general sent a cease-and-desist letter to organizers of an event in Hamden as part of his office’s ongoing crackdown on unlicensed cannabis sellers.
Several of the nation’s largest cannabis companies have already mapped out their retail expansion plans in 2024, a consequence of licensing caps, limited new market opportunities and ongoing capital concerns.
Alcohol sales aren’t permitted in some stores on Christmas Day and New Year’s Day in Connecticut, but consumers can buy marijuana and gamble.
Cannabis industry financial services firm Safe Harbor Financial says it and its partners have provided a $1.17 million loan to a forthcoming Connecticut marijuana retailer operating under the Higher Collective brand.
A look at key developments over the past 12 months in new cannabis markets in New York, Connecticut, Missouri, Maryland and Mississippi.
Connecticut’s adult-use marijuana market has hit some potholes less than a year after launch, with overall sales of recreational and medical cannabis dipping in October – an uncommon development for a new market.