Vermont recreational cannabis sales total $2.6 million in first month

MJ Biz reports

Recreational cannabis stores in Vermont took in $2.6 million in October, the first month of adult-use sales, according to data shared by the state tax department.

That’s on track with Vermont Cannabis Control Board sales projections, Burlington-based alt-weekly Seven Days reported.

According to 2022 MJBiz Factbook projections, Vermont retailers likely will generate $3 million to $5 million in recreational sales this year and $120 million-$145 million by 2026..

Store inventories in Vermont have improved since the October launch of adult-use sales, Seven Days reported, and the number of store licenses has increased from seven to 36.

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