The Cannabis Control Board in Vermont has issued the first adult-use cannabis license to Rutland Craft Cannabis, a small indoor cultivator located in Brandon. Rutland Craft Cannabis applied under Vermont’s social equity program as a Hispanic-American owned business. The company was issued a Tier 1 Indoor Cultivator license and can begin operations immediately.
Out of 179 applications to cultivate cannabis the Board is prioritizing social equity applicants and individuals harmed by the war on drugs. Experts estimate that 500,000 square feet of canopy is required to meet the demand for adult-use cannabis in Vermont. Officials hope to reach that number by issuing small cultivator licenses to more companies just like Rutland Craft Cannabis.
The Cannabis Control Board anticipates bringing on more staff in June to process future applications in a more timely manner. Adult-use sales are expected to begin in Vermont in October of this year. Despite the slow start to license approvals the Board says they are working diligently in recognition of Vermont’s short growing season and expect more licenses to be approved next week.
Find the full story from NBC 5 here: https://www.mynbc5.com/article/vt-cannabis-control-board-issues-first-tier-1-small-cannabis-cultivator-license/40027791
Learn more from the official announcement: https://ccb.vermont.gov/first-cannabis-establishment-license-issued
