January 8, 2024
Marcum Director Drew Richards explores growth trends in the recreational cannabis market for Hartford Business Journal
Hartford Business Journal
By Skyler Frazer
Excerpt:
The state’s recreational cannabis market got off to a slower-than-expected start in 2023, but the industry expects further growth in the year ahead.
The adult-use industry recorded $127.5 million in sales through 10 months in 2023, and generated over $12 million in tax revenues, according to data from the state departments of Consumer Protection and Revenue Services.