Connecticut Cannabis Real Estate & Regulations
Zoned Properties in Connecticut
Population:
3,606,000 (2021)
Local Zoned Broker:
TBD
Number of Retail Licenses:
12
Licensing Status:
Awarding licenses since 2022, Ongoing lotteries for new licenses
Legal Status:
Recreational
Cannabis Sales:
$144 million (as of July 2023)
License Dynamic:
Limited
Delivery Allowed:
Yes
Drive Thru Allowed:
TBD
Discover Compliant Cannabis Zones in Connecticut: Your Perfect Spot Awaits!
Let’s take the burden of sifting through endless zoning codes and GIS software off your shoulders and ease the process of finding compliant zones for your Cannabis business in CT. We do the hard work so that you can focus on your core business requirements.
At Zoned Properties, we understand how intricate, time-consuming, and financially draining it is to find Cannabis real estate, especially in states like Connecticut that have only recently approved the sale of the product.
There’s just so much to consider, including zoning restrictions, local laws, and regulations, market conditions, access to resources, community acceptance, and more.
Now, you don’t have to worry about that anymore. We’re experts at locating business-friendly compliant zones for all kinds of Cannabis businesses, including dispensaries, cultivation, distribution, research facilities, and more.
Let’s help you find green zones suitable for your Cannabis establishment today. Send us a message.
Site Identification
Discover cannabis-friendly compliant zones with our expert team for a hassle-free business establishment, legally sound and primed for success.
Brokerage
Our real estate brokerage team will help you find quality cannabis property deals in Connecticut. We assist with leasing, renting, purchasing, and selling, tailoring options to meet your unique needs.
Investment
Are you looking to invest in Cannabis real estate properties in Connecticut? We have a vast portfolio of quality properties you can invest in for a lucrative ROI.
Ready To Invest In Cannabis Real Estate In CT?
Connecticut is the 19th state to legalize the use and sale of Cannabis products to adults ages 21 and older. After signing a medical Marijuana program into law in 2012, the state took another six years under the government of Governor Ned Lamont to approve a recreational Marijuana bill.
The recreational use of Cannabis became legal in June 2022 with stringent regulations and efforts to control the use of the product. However, sales of Cannabis and by-products launched in January 2023.
Connecticut is a relatively new Cannabis market and is one of the most promising, with sales hitting over 75 million dollars in April 2023 since the launch on the 10th of January 2023. Be among the first few Cannabis operators and real estate investors to own quality Cannabis properties in Connecticut.
Send us a message, and let’s connect you to business-friendly, compliant zones.
Connecticut Cannabis Regulations
State Cannabis Overview: Being one of the latest states to legalize the use and sale of recreational Cannabis, Connecticut is a fast-growing market for Cannabis investors and operators. The state awards licenses through a lottery-based application process. The two types of lottery applications are the social equity council and the general lottery.
Connecticut promises to award at least half the licenses to social equity council lottery applicants.
Licensing: The CT DCP is tasked with overseeing the licensing and regulation process of the Cannabis industry. The department issues 14 different types of Cannabis licenses and registrations, including the following:
- Growing:
- Cultivator
- Micro-cultivator
- Producer
- Manufacturing:
- Product manufacturer
- Food and beverage manufacturer
- Product packager
- Sales:
- Retailer
- Hybrid-retailer
- Dispensary facility
- Delivery and transportation
- Delivery service
- Transporter
- Individual licenses and registrations
- Backer
- Key employee
- Employee
Local Authority: Municipalities can impose further restrictions and regulations to govern the use, sale, and distribution of Cannabis products. You must seek approval from counties and towns where your business will be located in Connecticut concerning zoning, licensing, and operating hours.
We can take that responsibility off your shoulders, allowing you to focus on other crucial aspects of setting up your business in Connecticut. Send us a message, and let us help you find compliant locations for your business in CT.
Median Age: 41
Median Income: $38,865
Regulations last updated as of: August 2023
Have any Questions?
How big is the Connecticut Cannabis market?
The Connecticut Cannabis market is a relatively new one, which only recently launched for retailers on the 10th of January, 2023. However, the Cannabis industry in Connecticut has made over $75 million as of April 2023 since its launch. The market is expected to have grown even further by the end of the year.
How much does it cost to own a dispensary in Connecticut?
Owning a dispensary in Connecticut can have varying prices, depending on several factors, including the following:
- Market conditions
- Competition in the area
- Inventory and product selection
- Property size and condition
- Lease or purchase
- Zoning and regulations
- Location
We can help you find some of the best Cannabis properties for your dispensary in CT. Send us a message to describe what you want, and we will help you find it.
Still have questions? Contact us
Disclaimer: The information provided on this website does not, and is not intended to, constitute legal, financial, or other professional advice. All information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; Zoned Properties does not recommend or endorse the contents of the third-party sites.
Sources:
https://portal.ct.gov/cannabis/Knowledge-Base/Articles/Licensing/Licensing-Home-Page?language=en_US
https://www.ctinsider.com/cannabis/article/ct-cannabis-sales-february-17831885.php
https://en.wikipedia.org/wiki/Cannabis_in_Connecticut
https://www.mpp.org/states/connecticut/#:~:text=Possession%20of%20up%20to%201,hybrid%20or%20adult%2Duse%20retailers.
https://www.cbsnews.com/news/legal-weed-connecticut-sales-medical-marijuana-establishments/
https://www.nbcconnecticut.com/news/cannabis-in-connecticut/connecticut-cannabis-sales-reach-record-high-in-march/3010949/
https://portal.ct.gov/DCP/News-Releases-from-the-Department-of-Consumer-Protection/2023-News-Releases/Consumer-Protection-Releases-June-Cannabis-Sales-Data#:~:text=The%20Data%20Marks%206%20Months,2023%20to%20June%2030%2C%202023. (sales data)
https://portal.ct.gov/cannabis/knowledge-base/articles/how-many-licenses-will-be-available-in-connecticut-through-the-lottery?language=en_US (number of retail licenses)
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