Cannabis sales in Rhode Island are steady but not reaching the levels that were initially projected. According to reporting from NBC 10 WJAR, $3.4 million worth of cannabis was sold in December, with $3.5 million sold in January, and $4.2 million in February. The state originally projected $40 million dollars of cannabis would be sold in the first seven months which assumes $6 million in monthly sales. The demand has fallen short of expectations but operators and regulators both feel that the pace will begin to pick up in the near future. There are currently less than a dozen operational cannabis dispensaries in Rhode Island. In the near future Governor Dan McKee is expected to announce his picks for the newly formed Cannabis Control Commission which has the authority to grant future cannabis licenses.
Find the full story from NBC 10 WJAR on their website here: https://turnto10.com/i-team/rhode-island-retail-cannabis-pot-weed-marijuana-shops-medical-dispensaries-revenue-sales-projections-department-of-business-regulation-commission-taxes-billboards-massachusetts-disadvantage