Business
Vermont OKs seven more recreational marijuana cultivation licenses
Seven additional cannabis grow licenses were approved in Vermont as the state increases suppliers for a recreational marijuana market that’s expected to launch in October.
According to VTDigger, the new licensees, all social equity or economic empowerment applicants, are:
- Arcadia Cannabis Co., indoor cultivator (town of Essex)
- DP Holdings/VT Cannabis Organics, indoor and outdoor cultivator (Danville)
- Epona Farms, indoor cultivator (Salisbury)
- Family Tree, indoor and outdoor cultivator (Sheldon)
- Great Brook Homestead, outdoor cultivator (Middlesex)
- Snowbird Botanicals, indoor and outdoor cultivator (Barnet)
- Valley Organics, indoor cultivator (Jeffersonville)
The state has received 208 applications for business licenses to manufacture, cultivate, retail and test adult-use marijuana.
Under Vermont law, priority is given to economic-empowerment and social equity applicants.
In March, at least 25 more municipalities decided to opt in to the adult-use marijuana industry and allow commercial cannabis retailers.