Alcohol sales are off-limits in Connecticut on Thanksgiving—but marijuana sales are just fine—according to guidance issued on Wednesday by the state’s Department of Consumer Protection (DCP). Liquor stores will be closed, grocery stores can’t sell beer and even breweries and restaurants are prohibited from selling carry-out drinks. Marijuana retailers, however, can remain open. After apparent confusion over the two policies—with at least one local news outlet mistakenly reporting that sales of both alcohol and cannabis would be paused—DCP issued a clarification stating… Read more.
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Connecticut’s cannabis regulatory agency announced last week that it is increasing the amount of cannabis that can be bought in a single transaction by doubling the state’s limit on recreational marijuana purchases. Under the new regulations approved by the Connecticut Department of Consumer Protection (DCP), adult-use cannabis consumers will be permitted to purchase up to a half-ounce (about 14 grams) of cannabis flower or its equivalent beginning next month. The limit on purchases of medical marijuana has not been changed.… Read more.
Cannabis is flying off shelves in Connecticut, according to state data, and adult-use cannabis transactions accounted for over half of the money coming in. Adult-use sales began on Jan. 10 and sales revenue has increased every month since the market launched. The Department of Consumer Protection (DCP) announced in an Oct. 10 press release that new preliminary data shows combined sales for adult-use and medical cannabis totaled to over $25 million for the period from Sept. 1 to Sept. 30, 2023. The… Read more.
The Connecticut Department of Consumer Protection (DCP) has tapped the former CEO of the state’s first licensed cannabis grower as state program manager for cannabis, CT Insider reports. Jennifer Mandzuk worked at Theraplant from 2014 until January and served as the company’s CEO since July 2022, the report says. DCP spokesperson Kaitlyn Krasselt told Insider that “Agencies often hire subject matter experts from the industry to ensure high quality, experienced staff.” The state ethics office told Insider that the state’s code of ethics “does not… Read more.
A legal case has been initiated against the Stamford Zoning Board, aiming to exert control over Connecticut's emerging cannabis sector. In addition to addressing city-specific regulations, the lawsuit, which portrays the state's Social Equity Council as a questionable initiative, holds the potential for far-reaching implications across the state. By contesting the law that legalizes the possession and commercial trade of cannabis in Connecticut, the lawsuit argues that this law runs afoul of the federal Controlled Substances Act. Legal Challenge Against Stamford Zoning… Read more.
Workers at Connecticut’s largest cannabis cultivation facility have joined United Food and Commercial Workers Union (UFCW) Local 919, the News Times reports. More than 70 workers at CTPharma’s facility in Rocky Hill voted to join the union on June 13 and the contract was ratified later in the month. CTPharma is owned by Verano, which is based in Illinois. The CTPharma workers are the second cannabis cultivation facility employees to join a union in the state – in May workers at Advanced Grow Labs voted… Read more.
Now that most of New England has legalized cannabis in some form or another, it’s worth looking at which states are the largest markets. While the smaller states with the least population are expected to be the ones with the lowest total sales, the largest state – New York is lagging. In just five years, Massachusetts has become the leader in the region having reached the billion mark in just two years. New Jersey is in second place, but quickly… Read more.
Cannabis companies will be able to deduct business expenses at the state level. Connecticut on Tuesday became the latest in a national trend of states with operational marijuana markets to approve state-level relief from the 280E provision of the federal tax code. According to Marijuana Moment, the new state budget that Gov. Ned Lamont signed will let cannabis companies claim state tax breaks in the same amount they would have been entitled to from the federal government if 280E did not exist.… Read more.
Nearly $23 million in legal cannabis sales was recorded in the month of May - an increase from April. The state Department of Consumer Protection (DCP) recorded approximately $21 million in adult-use cannabis and medical marijuana sales last month. Of the $23 million total in May, $11.5 million came from adult-use sales and $11.2 million came from the medical marijuana market, DCP officials said. State data shows that adult-use cannabis sales have increased each month this year. State officials said medical marijuana… Read more.
Long after the markets closed on Monday, Acreage Holdings, Inc. (OTCQX: ACRHF, ACRDF) reported its financial results for the first quarter ended March 31, 2023. Revenue fell 1.6% from last year to $55 million. Sales fell sequentially by 2.7% from the fourth quarter. The net loss in the first quarter was $16 million, which was slightly higher than last year’s net loss of $13 million. It was a more normal number than the fourth quarter’s kitchen sink net loss of $119 million.… Read more.
The Connecticut House on Wednesday approved a measure to decriminalize small quantities of psilocybin mushrooms, CT Examiner reports. Under the proposal, penalties for possessing less than a half ounce of psilocybin mushrooms would be reduced from a misdemeanor with penalties of up to a year in jail to a simple infraction with a $150 penalty for the first offense. The measure passed the chamber 86-64 with two Republicans backing the plan and 13 Democrats opposing it. Under current state law, for second offenses courts… Read more.
More than 150 cannabis industry exhibitors are expected in the capital city May 20 and 21 as the XL Center hosts the Connecticut Cannabis and Hemp Convention. NECANN, which has been developing cannabis industry conventions since 2014, announced Wednesday its inaugural Connecticut convention for the weekend of May 20 at the XL Center. The organization said in a news release the XL Center convention will be "the largest B2B cannabis industry event ever in Connecticut" with more than 40 educational sessions… Read more.
Cannabis retailers could soon have the ability to sell products at marijuana-centric events and festivals, much like breweries across the state have been doing for years. As the Connecticut General Assembly nears the finish line of the 2023 session, legislators are considering a number of bills that would complement, or change parts of, the state’s 2021 cannabis legalization law. One bill under consideration — H.B. 6699 — would, among other things, establish off-site event permits for adult-use cannabis retailers. The… Read more.
Minnesota Marijuana Legalization Bill Clears Another Senate Hurdle Minnesota is close to legalizing marijuana after a Senate committee approved a bill by Sen. Lindsey Port (D). The bill has only two more committees to pass before it can be taken to the full chamber. The House companion bill, sponsored by Rep. Zack Stephenson (D) has already passed through 14 committees, reported Marijuana Moment. Want Some Great Weed In Michigan? Join the ultimate marijuana showdown at Michigan's 4th Annual Cannabis Cup. The competition is back and bigger than ever. With… Read more.
Even though Police Chief Rafael Medina warned of potential mental health concerns, traffic hazards and more, Wethersfield planners have set new rules that allow recreational marijuana shops in town. The decision is likely to draw applications from businesses that want to set up shop on the heavily trafficked Silas Deane Highway, Wethersfield’s chief commercial strip. The town enacted a six-month moratorium in late 2021 after the Connecticut General Assembly authorized marijuana sales in the state, but it expired last May. Planners have… Read more.
Connecticut's hemp farmers would be allowed a path into the cannabis industry under legislation that passed overwhelmingly Tuesday in a key legislative committee. The amended bill, which next moves to the state House of Representatives, would let dozens of small hemp growers apply for state cultivator or micro-cultivator licenses under the Department of Consumer Protection's cannabis program. The legislative General Law Committee approved the bill after a brief debate. The action occurred following a recent public hearing in which farmers said that during the few… Read more.
The first two months of 2023 have shown expansive interest in bold drug policy reform in state legislatures across the country—most recently, with the introduction of numerous new bills touching on everything from psychedelics legalization to authorizing safe drug consumption sites. Lawmakers in several states will conduct hearings on such reform proposals over the next week. The marijuana legalization movement continues to spread and evolve, but it’s become quickly apparent this session that legislators are eager to more holistically move… Read more.
Connecticut may establish a Cannabis Ombudsman position for the state’s medical cannabis program, which would be an independent liaison between patients and the state to address concerns about the program. A bill proposed in Connecticut would create the position of Cannabis Ombudsman – an independent person that would serve as a liaison between medical cannabis patients and the state to address concerns, NBC Connecticut reports. The move comes about a month after adult-use cannabis sales commenced in the state which has caused complaints among… Read more.
As many U.S. states adopt policies that legalize the commercialization of cannabis, Yale School of Medicine recently announced the creation of the new Yale Center for the Science of Cannabis and Cannabinoids, which will investigate the acute and chronic effects of cannabis and cannabinoids on neurodevelopment and mental health. Its inaugural director will be Deepak Cyril D’Souza, the Albert E. Kent Professor of Psychiatry and an expert in the pharmacology of cannabinoids. The new center comes just as retail cannabis sales begins in… Read more.