How Much Does Medical Marijuana Cost in Connecticut?

How Much Does Medical Marijuana Cost in Connecticut?

In Connecticut, the price of medical marijuana is different from dispensary to dispensary depending on location. Some of the factors determining the cost of medical marijuana are cannabis quality and strain as well as the type of cannabis product. The average price of 1 ounce of high quality marijuana in Connecticut is $333 while the average price of 1 ounce of medium quality marijuana is $281.

Can You Use a Credit Card at a Dispensary in Connecticut?

No. Banks and credit card companies do not process credit card transactions from dispensaries in Connecticut because cannabis is classified as a Schedule I controlled substance and banned at the federal level. Dispensaries, however, accept cash and debit cards for medical marijuana transactions.

Does Connecticut Tax Medical Marijuana Sales?

Yes. Connecticut imposes a tax of 6.35% on retail sales including medical marijuana.

Does Recreational Marijuana Cost More than Medical Marijuana in Connecticut?

Connecticut has three types of taxes for recreational marijuana. These are a 6.35% sales tax, a 3% municipality tax, and a special tax based on the THC content of the recreational cannabis sold. This THC tax usually amounts to 10 - 15% of the sales price. As a result, recreational marijuana is likely to cost more than medical marijuana at dispensaries in Connecticut.

How to Save Money on the Cost of Medical Marijuana in Connecticut

Some dispensaries in Connecticut have programs to help certain groups such as veterans, seniors, and students spend less on medical marijuana. Qualified patients with low income can benefit from a dispensary’s Compassionate Need Program. In addition, qualified patients can save on the cost of their medical marijuana prescriptions by taking advantage of loyalty programs offered by Connecticut dispensaries. They can also save money if they:

• Cultivate their own cannabis: Connecticut permits eligible patients to grow up to 3 mature and 3 immature marijuana plants indoors
• Buy in bulk: A qualified patient can purchase up to the maximum allowed amount of medical marijuana in Connecticut in bulk rather than buying their daily dose
• Shop at different dispensaries: Qualified patients can find a wider variety of marijuana products at different prices by visiting various dispensaries near to get the best offers
• Buy Edibles: Edibles produce the same but longer-lasting effects as smokable forms of marijuana. Therefore, purchasing edibles can be a good way to save money