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Retail sales of cannabis climbed in November for a second month in a row as the price per gram of cannabis continued to fall, according to data from the Department of Consumer Protection (DCP).
Connecticut retailers sold $17.6 million of adult-use cannabis products in the month of November, marking the second best month for sales since the purchase of recreational cannabis became legal in January 2023. In August, the state sold roughly $18 million worth of products. Sales figures for the adult-use program have been increasing for the past two months.
The number of adult-use products sold also increased in November, rising from roughly 398,000 products sold in October to roughly 465,000 last month, after seeing a decline between September and October.
The price per gram for cannabis, which covers both adult-use and medical markets, declined to $10.86 per gram. It has been declining since July 2024, when the price was $12.16. The price per gram peaked at $12.51 in March 2024.
Medical marijuana sales declined again in November, falling to roughly $6.7 million. Sales of medical marijuana products have been following a downward trend since March of 2023. March marked the highest number of sales for medical marijuana since recreational cannabis became available for sale, with roughly $12.6 million in sales.
The number of medical marijuana products sold did increase between October and November, however, rising from approximately 173,000 products to 197,000.
Cannabis flowers remain the most frequently purchased product, accounting for 49 percent of sales in both markets from January 2023 and 45 percent of sales in November. In November, cannabis flower sales totaled $11 million. Since January 2023, they total roughly $266 million.
While adult-use retail sales have declined slightly in Massachusetts in recent months, its sales continue to greatly exceed Connecticut’s. The state sold roughly $137 million of adult-use products in November, down from the previous month and a $147.6 million high in September. The price per gram of cannabis also fell to $4.58. Massachusetts’ cannabis prices have been falling since June. The last time cannabis cost over $10 per gram in Massachusetts was July 2022.
Connecticut sales continue to exceed Rhode Island’s. Rhode Island, where recreational cannabis has been available since January 2024, sold $8.15 million of adult-use products in November.
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