Vermont’s cannabis industry is dominated by small cultivators
One month after the start of adult-use cannabis sales in Vermont the state continues to license more businesses to be a part of this business. At a Wednesday meeting of the Vermont Cannabis Control Board Chairman James Pepper shared data about the number of licenses that have been issued so far. Pepper said that the Board has issued 291 licenses in total. 255 of those licenses are for cultivation, with 75% of those licensees operating as a tier 1 small cultivator. At Wednesday’s meeting the board voted to approve nine additional licenses, most of which were cultivators.
Chairman Pepper also noted that the Board has approved 16 retail applications. One of the latest recreational cannabis dispensaries to open their doors in Vermont is Magic Mann. The store, co-founded by Meredith Mann and Brian Armstrong, wants to support local craft growers by connecting them with cannabis consumers. Magic Mann also believes in giving back and pledges to support Indigenous People and other communities of Vermont. The store officially opened on November 2nd and is located at 21 Essex Way, Suite 216, in Essex Junction Vermont.