Connecticut Medical & Adult-Use Marijuana Market
Governor Lamont signed adult-use legislation. Retail sales to begin by the end of 2022.
Read the details we know now about the adult-use legislation that was just signed in Connecticut.
Connecticut enacted a medical marijuana program in 2012 and started sales to patients in 2014. Canna Advisors helped one of our very first clients win one of the first cannabis business licenses in the state.
Self-education and beginning your pre-license positioning early will give you a competitive advantage
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 30 states. Those that put in the most preparation submit the best applications.
Market Conditions in Connecticut
Fourteen medical dispensaries currently serve the whole state of Connecticut. Only four cultivation operations 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 to avoid supply shortages.
Connecticut’s medical marijuana program is growing rapidly -- from 8,228 patients in January 2016 to 40,597 in March 2020. The state has now more than tripled the number of patient qualifying conditions from 11 at the start of the program.
Five new patient qualifying conditions were added in early 2019. Operating dispensaries in Connecticut are 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.
“Connecticut Lawmakers Hold Hearing On Governor’s Marijuana Legalization Bill” - Marijuana Moment
“Chronic pain should be a qualifying condition for medical marijuana” - Hartford Courant