Market
Connecticut Cannabis Sales Stay Flat While Tax Revenue Jumps 67%
The gap stems from the state's THC potency tax, which is scheduled to end on Oct. 1.
VeedAtlas Research DeskSource-grounded report · Reviewed before publication
Connecticut's cannabis market saw nearly flat sales but a 67% jump in tax revenue, driven by the state's THC potency tax, which ends Oct. 1.
Connecticut's cannabis market showed nearly flat sales while tax revenue collected by the state jumped 67%.
The gap is being driven by Connecticut's THC potency tax, according to MJBizDaily, which is scheduled to end on Oct. 1.
The data points to a market where top-line sales changes are not directly tracking revenue collected by the state.