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Is Connecticut In A Cannabis ‘Arms Race’ With Massachusetts?

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Is Connecticut In A Cannabis ‘Arms Race’ With Massachusetts?

Cannabis sales taxes in Connecticut are likely to drop this year as state lawmakers consider replacing the pot excise tax with a flat rate tax. And lawmakers say those lower prices could help the state compete with market in Massachusetts.

Meanwhile, north of the border, Massachusetts lawmakers unanimously passed a bill that would double the legal amount of cannabis flowers a person can purchase at one time to 2 ounces, double Connecticut’s limit.

Lawmakers in Connecticut say they are well aware that many cannabis buyers cross state lines for their cannabis needs. As cannabis remains illegal at the federal level, states have created their own regulatory structures that can significantly affect the success of hemp businesses and, as a result, tax revenues.

“You could say we’re in an arms race. We really are,” said state Rep. David Rutigliano, R-Trumbull. “Massachusetts has a lot more outlets, a lot less taxes. They did things a lot differently than we do here in Connecticut.”

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Sales data for December won’t be available until January, but the trend is alarming

Erin Gorman Kirk said the state was trying to keep the medical cannabis market afloat. From the moment of formation the country’s first cannabis ombudsmanKirk worked with lawmakers to make it easier to get a cannabis medical card, and to keep those cards valid for longer and in more places.

It didn’t help. At the program’s peak in October 2021, Connecticut had 54,000 registered medical cannabis patients, a number that has dropped from nearly 49,000 to 31,400 over the past three years.

“I have to say it’s a shocking decline,” Kirk said. “And we’ve done all these ways.”

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Voting 4-1 occurred last Wednesday

A moratorium that prohibits cannabis institutions in Trumbul has been expanded. However, a business with cannabis with dispensaries in Ferfield and Hartford said he was interested in expanding the city.

The Planning and Loan Commission approved the expansion of the moratorium on Wednesday 4-1, which made it the fourth expansion, as the moratorium was created in August 2021, two months after Ned Lamont’s governor signed the SB-12201, which, which legalized recreational marijuana In the state. Legal Retail Sales Recreation cannabis It began in the state in January 2023.

Ben coat, Chief Director for Business Development at SweetSpot Cannabis Dispensary in StemfordHe asked the commission not to extend the moratorium and said that the company was interested in expanding Trumbul.

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(Tagstotranslate) Connecticut (T) Trumbull

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