Business
Vermont recreational cannabis sales total $2.6 million in first month
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.
Source: https://mjbizdaily.com/vermont-recreational-cannabis-sales-total-2-6-million-in-first-month/