The average price per gram of adult-use cannabis continued to fall in November, but it still remains double the price in neighboring Massachusetts.
Usable cannabis cost an average of $7.94 per gram in Connecticut in November, decreasing from $8.43 the previous month. The average price per gram has either decreased or held steady each month since February of this year, when consumers paid an average of $10.58 per gram. The price of usable cannabis peaked in March 2024 at $12.51.
Since adult-use cannabis first became available in January 2023, Connecticut’s market has lagged behind Massachusetts’ both in price and the amount of product sold.
In November, adult-use cannabis cost an average of $4.01 in Massachusetts. Prices in Massachusetts have been decreasing month-over-month, though not as sharply as in Connecticut. In January, consumers paid an average of $4.42 per gram for usable cannabis in Massachusetts.
The average price per product also declined in Connecticut in November, falling from $31.84 in October to $31.16.
Despite the decline in prices, Connecticut retail sales of adult-use cannabis fell in November. There were roughly 592,300 products sold in the state that month, a decline from roughly 597,200 the previous month. Total sales also fell by about $500,000, from just under $19 million in October to roughly $18.4 million in November. Sales for medical marijuana also declined over the same time period.
Sales in Massachusetts also declined between October and November. Retailers in the state sold roughly $141.6 million in adult-use products in October and roughly $135.2 million in November. Medical marijuana sales in Massachusetts also fell during the same time period.
Connecticut’s sales continue to outpace Rhode Island’s. Rhode Island sold $8.73 million worth of adult-use products in November. Its sales also declined from the previous month, falling from $8.93 million. The state does not currently report the average price per gram of usable cannabis.
Cannabis flower remain the overwhelmingly most popular product sold in all three states. Rhode Island has sold roughly $39 million worth of cannabis flower in the past year. Massachusetts has sold roughly $4 billion in flower since recreational use was legalized. Connecticut has sold roughly $395 million in cannabis flower.
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What has always been known about marijuana use, is now trickling into the media, with multiple articles from highly placed physicians involved in academic research on addiction, revealing the not unexpected harm of its use especially by youth. For example: “The American College of Cardiologists published a report this year saying that a study of 4.6 million people “showed a 50 percent increased risk [of heart attack] among those who used the drug.” “So called “medical” marijuana was, before legalization, at best a placebo, and at worst merely a politically convenient pathway to legalization for recreational use. With that objective achieved, “suddenly” we are hearing about the adverse outcomes in California, Colorado and Connecticut, among others. With the tax revenue on legal marijuana less than expected, and the harms becoming self evident, I imagine it won’t be long before proposals to reverse or restrict the conditions of legalization in CT, and the lawsuits in opposition thereto, will be forthcoming. We elected those who allowed this failed experiment. Must it be so that we will allow their bad judgement to continue leading in the land of steady habits? The Massachusetts petition is entitled: AN ACT TO RESTORE A SENSIBLE MARIJUANA POLICY. We need something similar.