Connecticut’s adult-use cannabis sales hit a new high of more than $13 million last month, while medical marijuana sales continue to decline, reaching a monthly low on the year, according to new data from the state.
Adult-use sales topped $13 million for the first time in July, and those numbers have increased monthly since the state began tracking sales data on Jan. 10, when the recreational marijuana market launched. Medical marijuana sales were $10.6 million in July, the lowest number since January.
The continued drop in medical sales coincides with fewer residents enrolling in the state’s medical marijuana program. In January, the program had 48,896 patients, while 43,845 were enrolled on Aug. 6, state data shows. The program actually gained more than 1,500 patients in July compared to June, but there’s still 5,000 fewer enrollees than when the adult-use market debuted in January.
In July, adult-use consumers purchased 324,177 products at an average price of $39.92. Medical patients purchased 279,240 products at an average cost of $39.66.
Tax data
In the first six months of operation, Connecticut has collected more than $6 million in tax revenue from the adult-use cannabis market, according to new data from the state Department of Revenue Services. That includes tax collection data from Jan. 10 through the end of June — numbers for July won’t be available until the end of August.
Per the data, tax collection numbers have increased monthly since adult-use sales began. Each adult-use cannabis purchase carries a 6.35% state sales tax, a 3% municipal tax, and between 10% to 15% of additional state cannabis tax based on THC content.
