Connecticut Cannabis Landscape Evolving Quickly, No Shortages Feared

Of the 21 towns that have at least one cannabis shop, the average population is over 51,000.

The Connecticut recreational marijuana industry – one of several that launched earlier this year – is quickly coming into its own, with 64 licensed dispensaries and a quartet of grow operations that have been laboring to supply them.

There are another 13 in the works, for a total of 17 cultivators, but the new entrants – including many of the 64 dispensaries – have yet to become operational. However, there are no fears of supply shortages, Kaitlyn Krasselt, spokesperson for the state Department of Consumer Protection, told CT Insider.

“The agency is continually reviewing the available supply and market demand to ensure medical marijuana patients and the adult-use market are adequately supplied,” Krasselt said.

At the same time, retailers have become more business-savvy and are choosing high-density locations to maximize foot traffic and advertising exposure, the Hartford Business Journal reported.

The Journal reported that new shops are being selective about where they sign leases: Hartford County, home to the state capitol of Hartford, seems to be the most appealing and has the most shops thus far with eight.

Of the 21 towns that have at least one cannabis shop, the average population is over 51,000, the Journal found.

“The dust is settling a little bit, and we’re definitely seeing a lot of these retail outlets pop up in the more condensed areas of the state – cities where there’s more population and potential customers,” CPA Drew Richards told the Journal.

One high-profile example is the latest shop opened by Verano Holdings Corp., which in October opened a new dispensary in Newington within eyeshot of the Berlin Turnpike, a major thoroughfare that sees more than 32,000 motor vehicles pass by every day.

“At Verano, we always aim to open our Zen Leaf dispensaries in convenient, accessible, and high-traffic locations in commercial corridors that have ample parking, a large sales floor, and a welcoming visual aesthetic,” Verano spokesman Steve Mazeika said.

Mazeika further predicted the opening of even more dispensaries near population centers in the state, as businesses will naturally want to be as close to consumers as possible.

Part of the reason dispensaries are choosing certain municipalities, however, is because several in Connecticut have cannabis business moratoriums or outright bans. Many also have been wary of locating too close to the Massachusetts border, in order to avoid interstate competition.

John Schroyer

John Schroyer has been a reporter since 2006, initially with a focus on politics, and covered the 2012 Colorado campaign to legalize marijuana. He has written about the cannabis industry specifically since 2014, after being on hand for the first-ever legal cannabis sales on New Year’s Day that year in Denver. John has covered subsequent marijuana market launches in California and Illinois, has written about every aspect of the marijuana trade, and was part of the team that built the cannabis industry’s first-ever trade show, MJBizCon. He joined Green Market Report in 2022.

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.

 Sign up

About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


Recent Tweets

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.