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Regions United States

Connecticut

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    Connecticut Cannabis sales continue to rise in August with $25M in Sales
    Cannabis Technology News

    Connecticut Cannabis sales continue to rise in August with $25M in Sales

    Posted September 13, 2023

    While medical cannabis sales dropped slightly, adult-use sales are growing. New data on monthly cannabis sales in Connecticut shows that numbers have increased yet again. The Connecticut Department of Consumer Protection (DCP) said in a press release that between Aug. 1-31, the combined total of

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    Cannabis insurance startup raises $3M on rescheduling news
    Cannabis Technology News

    Cannabis insurance startup raises $3M on rescheduling news

    Posted September 1, 2023

    James Whitcomb, a former CEO of Parallel, helms Frontier Risk Group. Frontier Risk Group raised $3.1 million in seed funding with the help of Casa Verde Capital, apparently on the wave of optimism generated by the marijuana rescheduling news this week. The Connecticut-based cannabis insurance firm

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    Connecticut allocates $50M in low-interest loans to social equity Cannabis business
    Cannabis Technology News

    Connecticut allocates $50M in low-interest loans to social equity Cannabis business

    Posted August 30, 2023

    Connecticut Pioneers $50 Million Bond Initiative to Empower Social Equity Cannabis Businesses. Social equity cannabis businesses regularly contend with the burden of structural inequality, lack of intergenerational wealth, and funding, high taxation and real estate prices, and, stringent compliance

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    Manchester's Curaleaf Medical dispensary begins adult-use sales
    Medical Cannabis News

    Manchester's Curaleaf Medical dispensary begins adult-use sales

    Posted August 24, 2023

    A cannabis dispensary near the Buckland Hills Mall has begun offering cannabis for recreational use. Curaleaf, located at 240 Buckland St., opened earlier this year for medical sales but began selling adult-use cannabis this week, roughly two miles from the existing Fine Fettle dispensary on Hale

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    Miami cannabis company proposes 64,000-square-foot Connecticut cultivation center
    Marijuana Business News

    Miami cannabis company proposes 64,000-square-foot Connecticut cultivation center

    Posted August 22, 2023

    A Florida-based company is looking for permission to build a 64,000-square-foot cannabis-growing center in the southern end of Bloomfield only blocks from the Hartford line. AYR Wellness operates dispensaries in six states, and wants to make its Connecticut debut with its own cultivation center at

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    Critics say cannabis equity partnerships in CT favor large corporations
    Cannabis Technology News

    Critics say cannabis equity partnerships in CT favor large corporations

    Posted August 14, 2023

    Under state law the number of dispensaries a person can open in Connecticut is limited to one and in some cases two, but some of the largest cannabis companies in the country are planning top open as many as six retail stores. This has raised questions about the fairness of a legalization initiative

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    Commercial Cannabis sales continued to climb in July
    Medical Cannabis News

    Commercial Cannabis sales continued to climb in July

    Posted August 11, 2023

    Adult-use cannabis sales increased in Connecticut for the sixth consecutive month in July, topping $13 million even as medical marijuana sales declined, according to a monthly update from the Department of Consumer Protection. At $13 million, commercial sales grew modestly in July, up from $12.54

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    Connecticut Cannabis company emerges as multistate operator
    Recreational Marijuana News

    Connecticut Cannabis company emerges as multistate operator

    Posted August 7, 2023

    Alocally grown cannabis company is expanding its reach as a multistate operator. Hartford-based medical and adult-use cannabis retailer and grower Fine Fettle, which currently operates in Connecticut and Massachusetts, has its sights set on another emerging market: Georgia. The four-year-old company

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    Connecticut's first cannabis grower Theraplant sold
    Medical Cannabis News

    Connecticut's first cannabis grower Theraplant sold

    Posted July 31, 2023

    One of the state’s four active cannabis producers has new ownership following foreclosure proceedings, according to a filing with the Securities and Exchange Commission. The new owners of Theraplant is a company called NewCo, which is a subsidiary of East Hampton N.Y.-based DXR Holdco, according to

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    West Hartford's first Recreational Cannabis retailer set to open
    Recreational Marijuana News

    West Hartford's first Recreational Cannabis retailer set to open

    Posted July 27, 2023

    Derrick Gibbs and Carl Tirella Jr are friends and business partners that are now just days away from making West Hartford’s first recreational cannabis retailer a reality. Their store, Budr Cannabis, opens Monday, July 31. It is the first of five they intend to open in Connecticut. They say they

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    Norwalk police bust vape shop for selling Marijuana without a license
    Recreational Marijuana News

    Norwalk police bust vape shop for selling Marijuana without a license

    Posted July 20, 2023

    Police in several Connecticut neighbourhoods are cracking down on vape shops for selling marijuana and hallucinogens without a license. Norwalk police say 36-year-old Yazid Abdulmalek Mohammed was arrested at the Smoke House on Connecticut Avenue on Wednesday. He now faces multiple charges including

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    Connecticut Cannabis sales hit record high at six-month mark
    Recreational Marijuana News

    Connecticut Cannabis sales hit record high at six-month mark

    Posted July 14, 2023

    Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are moving in to obtain hybrid licenses, including

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