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Connecticut Weekly Cannabis Sales Statistics
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About
Presents preliminary, weekly retail sales statistics for cannabis and cannabis products originating from the State of Connecticut. This time series data offers insight into market performance by distinguishing sales figures across the adult-use market and the medical marijuana market. The dataset includes crucial metrics such as total sales revenue, product quantities sold, and average product prices for both sectors. The figures represent data captured at specific points in time; consequently, they may be updated later, and the weekly figures reported may not exactly match annually reported statistics.
Columns
- Week Ending: The specific date marking the conclusion of the respective seven-day sales period.
- Adult-Use Retail Sales: The total revenue generated in pounds sterling from the sale of adult-use cannabis products during the week.
- Medical Marijuana Retail Sales: The total revenue generated in pounds sterling from the sale of medical marijuana products during the week.
- Total Adult-Use and Medical Sales: The combined monetary revenue realised from both adult-use and medical marijuana markets for the given week.
- Adult-Use Products Sold: The total count of adult-use cannabis products sold throughout the week.
- Medical Products Sold: The total count of medical marijuana products sold throughout the week.
- Total Products Sold: The aggregated quantity of all cannabis products (adult-use and medical) sold weekly.
- Adult-Use Average Product Price: The mean price of adult-use cannabis products sold during the week, showing a minimum of £36.5 and a maximum of £45.1.
- Medical Average Product Price: The mean price of medical marijuana products sold during the week, ranging from £34.4 to £41.8.
Distribution
The data is provided in CSV format (Cannabis_Retail_Sales_by_Week_Ending.csv), with a file size of 5.59 kB. It contains 9 unique columns. The dataset includes 72 valid weekly records. Sales figures are compiled for periods spanning Sunday through Saturday. Analysts should note that weeks overlapping two different months only include days within the same month, meaning the first and last weekly reports for any given month might not reflect a full seven days of activity.
Usage
This data is suitable for market trend analysis within the regulated cannabis industry, enabling evaluation of relative growth and fluctuations between the adult-use and medical sectors. It supports time series modelling for sales forecasting, analysing pricing strategies, and studying shifts in product volume demand.
Coverage
- Geographic Scope: The State of Connecticut, United States.
- Time Range: The weekly sales data spans a period from January 14, 2023, up to February 29, 2024.
- Data Specifics: The temporal scope is weekly.
License
CC0: Public Domain
Who Can Use It
- Business Developers: To gauge market size and potential investment opportunities in Connecticut's cannabis sector.
- Economists: For studying the economic impact and taxation potential of legalized cannabis markets.
- Public Health Officials: To track consumption patterns and market substitution between medical and adult-use sales.
- Academics: For research requiring detailed, high-frequency retail sales data related to regulated substances.
Dataset Name Suggestions
- Connecticut Weekly Cannabis Sales Statistics
- CT State Adult-Use and Medical Marijuana Retail Figures
- Weekly Retail Cannabis Sales in Connecticut
Attributes
Original Data Source: Connecticut Weekly Cannabis Sales Statistics
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