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Cannabis sales totaled nearly $25 million in October

In October, medical marijuana patients purchased 277,552 products, and adult-use consumers purchased 393,642 products.

HARTFORD, Conn — Combined sales for adult-use cannabis and medical marijuana totaled nearly $25 million last month according to state officials.

The Department of Consumer Protection said adult-use market recorded more than $14.7 million in sales during the month of October, while the medical marijuana market recorded more than $10.1 million in sales for the same period. Adult-use sales began in January this year.

"In October, medical marijuana patients purchased 277,552 products, and adult-use consumers purchased 393,642 products. The average product price for medical marijuana patients was $36.43 in October, while the average price of adult-use products was $37.61," said the department in a press release. 

Since the beginning of the year, consumer sales have increased from about $5 million a month to over $14 million. Medical marijuana sales rose from $8 Million to just over $12 million before settling back in the $10-11 million a month range.

In October, 51 percent of sales were usable cannabis, or flower, while vapes made up 31 percent of sales. Edible products represented 11 percent of sales.

The state did not release taxes collected at the point of sale on adult-use transactions and is subject to further review by the department. Medical marijuana patients do not pay taxes on the purchase of their medicine.

Doug Stewart is a Senior Digital Content Producer at FOX61 News. He can be reached at dstewart@fox61.com.

 

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