As Connecticut nears the one-year anniversary for retail sales for recreational cannabis, lenders and tax advisors are predicting a number of companies could end up in receivership — despite a new Connecticut law meant to help those entrepreneurs survive an IRS wrinkle that would chew up any slim profits they are making. On Wednesday, the Connecticut Cannabis Chamber of … [Read more...] about As CT cannabis industry tries to grow, IRS and prices could force some dispensaries to close
Local News
Slow Rollout of Connecticut’s Adult-Use Cannabis Program Starting to Spook Entrepreneurs
Optimism in Connecticut is beginning to fade as the industry faces a slow and challenging rollout, with only a fraction of licensed businesses fully operational. As of Nov. 1, the state’s online licensing database showed that 55 cannabis companies are waiting for licenses. Forty have received provisional licenses, according to the Hartford Courier. However, only 10 … [Read more...] about Slow Rollout of Connecticut’s Adult-Use Cannabis Program Starting to Spook Entrepreneurs
Lack of product variety blunts Connecticut’s adult-use marijuana sales
Connecticut’s adult-use marijuana market has hit some potholes less than a year after launch, with overall sales of recreational and medical cannabis dipping in October – an uncommon development for a new market. A lack of product selection for consumers and medical patients is prompting shoppers to continue visiting stores in neighboring Massachusetts, a concern local … [Read more...] about Lack of product variety blunts Connecticut’s adult-use marijuana sales
Four teenagers charged after Southington police reportedly find ‘large amount’ of marijuana in wanted vehicle
Four teenagers are facing drug charges after Southington police reportedly found them in a wanted vehicle with a large amount of marijuana that was packaged for sale on Wednesday. Officers converged on a vehicle in a Wendy’s parking lot at 328 Queen St. on Wednesday shortly after 2 p.m. after a FLOCK license plate reader alerted police. The car, a gray Honda Accord, had an … [Read more...] about Four teenagers charged after Southington police reportedly find ‘large amount’ of marijuana in wanted vehicle
Yale team creates VR game to prevent marijuana vaping
Yale researchers are trying a new way to fight youth marijuana use and vaping addiction: a virtual reality video game. XRPeds is a Yale research group, founded in 2020, that uses virtual reality, or VR, to address pediatric health challenges. On Nov. 20 the project team announced that it is developing “ReHashed,” a new VR game that teaches students refusal skills, how to help … [Read more...] about Yale team creates VR game to prevent marijuana vaping
A CT panel meant to study the sale of ‘homegrown’ cannabis may not even meet before its deadline
A law approved earlier this year as a follow-up to Connecticut's landmark 2021 legalization of adult-use cannabis included a requirement that a task force appointed by Gov. Ned Lamont and legislative leaders meet a January 2024 deadline to study and recommend procedures for those who grow marijuana in their homes to possibly sell their crops in the retail marketplace. But … [Read more...] about A CT panel meant to study the sale of ‘homegrown’ cannabis may not even meet before its deadline
Bus driver police say passed out on I-95 in Stratford after eating THC-laced gummies gets probation
BRIDGEPORT — A bus driver who blacked out behind the wheel on Interstate 95 after police said he consumed cannabis loaded gummy candies was granted a special probation program Thursday. Jinhuan Chen said through a Mandarin interpreter that he didn’t know he was consuming THC-infused gummies because he doesn’t speak or read English. “He was unaware the candy he consumed … [Read more...] about Bus driver police say passed out on I-95 in Stratford after eating THC-laced gummies gets probation
Cannabis shop opening in Hartford
HARTFORD, Conn. (WTNH) — Another adult-use cannabis shop is opening in Hartford. Higher Collective will hold its grand opening on Wednesday at its location at 1396 Park St., according to the company. It’s the company’s fourth retail location in Connecticut, joining stores in Killingly, Willington and New London. It plans to add three more locations early next … [Read more...] about Cannabis shop opening in Hartford
‘Grey’s Anatomy’ actors sue Connecticut school board, others after pot-laced candy left on bus sickens son
Two actors from "Grey’s Anatomy" — along with another parent — filed a lawsuit against a school and bus company after their child and a friend were allegedly hospitalized for ingesting a cannabis-laced candy that was left on their school bus. "Grey’s Anatomy" actors Scott Foley and Marika Dominczyk, who are now married, filed the lawsuit with another parent after their son and … [Read more...] about ‘Grey’s Anatomy’ actors sue Connecticut school board, others after pot-laced candy left on bus sickens son
Simsbury bans smoking cannabis on public property
The town of Simsbury has banned the smoking of cannabis products on public property. The decision was made Monday night, after a unanimous vote by the town’s Board of Selectmen. This decision is a compromise. Originally, it was proposed that all types of smoking, including tobacco, would be banned on most parcels of public property. But after hearing what the public had to … [Read more...] about Simsbury bans smoking cannabis on public property
