Connecticut adult-use hashish costs continued a downward development in November.
Nonetheless, retail costs within the limited-license state stay twice as excessive as in neighboring Massachusetts – and falling costs aren’t translating to elevated gross sales, in keeping with state knowledge.
The typical value for a gram of hashish in Connecticut fell to $7.94, down from $8.43 in October.
Hashish costs in Connecticut’s adult-use market peaked at $12.51 per gram in March 2024. Grownup-use gross sales started in January 2023.
However the decline in retail costs isn’t boosting authorized Connecticut hashish gross sales, in keeping with state knowledge.
Connecticut hashish gross sales decline
In November, when most hashish retailers see a short spike in gross sales earlier than Thanksgiving, medical and adult-use hashish gross sales in Connecticut totaled $23.9 million, in keeping with the state Division of Well being and Human Companies.
That’s down barely from the October tally of $24.6 million.
The variety of merchandise offered additionally declined, from 597,200 in October to about 592,300 in November.
Annual gross sales in 2024 exceed $290 million.
Absent a sturdy December, annual Connecticut authorized hashish gross sales are on tempo to say no year-over-year.
Cumulative 2025 gross sales by means of the tip of November stand at $263.9 million.
Connecticut hashish shoppers are shopping for lower than different states
Gross sales in Massachusetts, which has greater than double the inhabitants, are additionally dropping – however stay a lot stronger than Connecticut’s.
Massachusetts adult-use hashish gross sales fell from $141.6 million in October to $135.2 million in November, in keeping with state Hashish Management Fee knowledge.
In November, Massachusetts shoppers paid a mean of $4.01 per gram – lower than half Connecticut’s costs.
Along with state and native taxes, Connecticut hashish shoppers pay a efficiency tax per milligram of whole THC. The speed varies relying on the kind of product.
