Recreational Weed Outshines Medical Cannabis In Connecticut: Who's Benefitting From Record Sales?
Portfolio Pulse from Jelena Martinovic
Connecticut's recreational cannabis market, which began in January, saw sales surpass medical marijuana for the first time in May, reaching $11.5 million. Companies like Verano Holdings Corp. and Curaleaf Holdings Inc are benefiting from the growing market as they produce cannabis for the state's recreational market.
June 13, 2023 | 6:16 pm
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Acreage Holdings, Inc. benefits from Connecticut's growing recreational cannabis market, as the company recently started adult-use cannabis operations at The Botanist dispensary in Danbury.
Acreage Holdings, Inc. has a presence in Connecticut and recently started adult-use cannabis operations at The Botanist dispensary in Danbury. As recreational sales surpassed medical marijuana sales for the first time in May, the company is likely to see increased revenues and growth in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Curaleaf Holdings Inc benefits from the growing recreational cannabis market in Connecticut, which saw sales surpass medical marijuana for the first time in May.
Curaleaf Holdings Inc is among the cultivators producing cannabis for Connecticut's recreational market. As recreational sales surpassed medical marijuana sales for the first time in May, the company is likely to see increased revenues and growth in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Trulieve Cannabis Corp. benefits from Connecticut's growing recreational cannabis market, as the company opened a new dispensary in Bristol earlier this year.
Trulieve Cannabis Corp. has a presence in Connecticut and opened a new dispensary in Bristol earlier this year. As recreational sales surpassed medical marijuana sales for the first time in May, the company is likely to see increased revenues and growth in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Verano Holdings Corp. benefits from Connecticut's growing recreational cannabis market, which surpassed medical marijuana sales for the first time in May.
Verano Holdings Corp. is among the cultivators producing cannabis for Connecticut's recreational market. As recreational sales surpassed medical marijuana sales for the first time in May, the company is likely to see increased revenues and growth in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80