Connecticut Medical Marijuana Market
Connecticut Shows Strong Support for Adult-Use Cannabis
Connecticut enacted a medical marijuana program in 2012 and started sales to patients in 2014. Canna Advisors helped a client win one of the first cannabis business licenses in the state. While cannabis is decriminalized in the state, a 2019 legislative push for adult-use legalization failed right before the session ended, so Connecticut does not yet permit adult-use cannabis.
A May/June 2019 poll conducted by Sacred Heart University’s Institute for Public Policy and GreatBlue Research showed that residents in Connecticut strongly support adult-use legalization and, even more so, the expungement of low-level marijuana offenses. The governor and legislative leaders have signaled their support for legalizing and regulating, so efforts will renew in 2020.
Self-education and beginning your pre-license positioning early will give you a competitive advantage in Connecticut should the legislature implement adult-use in 2020. Join and/or support the campaign for legalization, spread the word to friends and family, and call your representatives to start advocating for adult-use cannabis in Connecticut.
Contact our cannabis consultants todayto discuss what you should be doing now to be prepared for adult-use legalization in Connecticut.
Cannabis Business Guidance in Connecticut
Taking the time to put together a financial model and business plan before a state releases a Request for Applications will help position you to raise capital, secure property, win local approval, and recruit potential team members. Canna Advisors has assisted clients in 29 states. Those that put in the most preparation submit the best applications.
Market Conditions in Connecticut
Nine medical dispensaries currently serve the whole state of Connecticut, with nine more businesses working to get operational after licenses were awarded in December 2018. There are only four cultivation facilities that supply these stores, though all are working to expand their facilities. If adult-use is legalized in the near future, more operations will be needed.
Connecticut’s medical marijuana program is growing rapidly -- from 8,228 patients in January 2016 to 34,708 in August 2019. The state has now more than tripled the number of patient qualifying conditions from 11 at the start of the program.
Five new qualifying conditions were added in early 2019, pending approval by the Regulations Review Committee of the Connecticut General Assembly. When approval is granted, operating dispensaries in Connecticut will be able to sell medical marijuana for 36 adult medical conditions and 10 conditions for patients younger than 18. Chronic pain is still under review to be added to the list, as there has been discrepancy about the language being too broad and generic for some lawmakers.
Stay up-to-date on cannabis in Connecticut
Cannabis legalization is changing quickly, and Canna Advisors can help your cannabis business evolve and expand with the industry. For the latest news and events about cannabis, visit our Blog and News and Events pages, and have a look at some of the following top articles on cannabis in Connecticut.
“New Haven’s first medical marijuana dispensary opens” - New Haven Register
“Chronic pain should be a qualifying condition for medical marijuana” - Hartford Courant
A smarter, more strategic approach to Connecticut marijuana licenses
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