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

Marcum Director Drew Richards explores growth trends in the recreational cannabis market for Hartford Business Journal

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.

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Drew M. Richards

Drew M. Richards

New England Cannabis Industry Leader

  • Assurance
  • New Haven, CT