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, based on state information.
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, based on state information.
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, based on the state Division of Well being and Human Providers.
That’s down barely from the October tally of $24.6 million.
The variety of merchandise bought additionally declined, from 597,200 in October to about 592,300 in November.
Annual gross sales in 2024 exceed $290 million.
Absent a strong December, annual Connecticut authorized hashish gross sales are on tempo to say no year-over-year.
Cumulative 2025 gross sales by the tip of November stand at $263.9 million.
Connecticut hashish customers 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, based on state Hashish Management Fee information.
In November, Massachusetts customers paid a median of $4.01 per gram – lower than half Connecticut’s costs.
Along with state and native taxes, Connecticut hashish customers pay a efficiency tax per milligram of whole THC. The speed varies relying on the kind of product.
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