CT’s recreational marijuana sales top $68 million

Since recreational marijuana sales started in January, $68,979,910 worth of products have been sold, an average of about $9.8 million per month.

In the first month, there were about $5 million in sales, but in April, the amount more than doubled, reaching over $10 million in monthly sales and on a steady rise since.

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Over 50% of total sales, about $35 million, come from flower products. Another 30% come from vapes and about 14% come from edibles. And on a monthly basis, flower product sales have continued to make up about half of all recreational weed sales.

It’s very costly to run a CT cannabis business. The state is helping with loans up to $500,000.

Just last month, in July, $6.5 million worth of flower products were sold while $4.5 million worth of vapes were sold.

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But recreational sales still haven’t matched sales of medical marijuana, which can be more potent.

Medical marijuana sales reached $76,706,005 since January. 54% of those medical sales were for flower product, while about 23% were for vapes. Every month except for January saw over $10 million in sales.

José Luis Martínez is a data reporter for The Connecticut Mirror (https://ctmirror.org/ ). Copyright 2023 © The Connecticut Mirror.