Vermont pauses some marijuana permits including retail | Where to buy Skittles Moonrock online
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The state Cannabis Control Board has not indicated how long the pause will last.
Vermont cannabis regulators have taken steps to avoid oversaturation on the state market this week. Vote to pause On new retail dispensary application as of October 25. The board determined that the 78 stores are already open There is enough to satisfy the demand.
VTDigger reported that the pause is only temporary and comes just two years after recreational cannabis was legalized. launched. The state Cannabis Control Board has not yet decided on a date when new licenses will be available.
VTDigger reported that the board voted to stop accepting some cultivation permits but not all. The new restrictions apply only to small-scale farmers with 2,500 square foot canopy or less. They do not apply to the smallest permit available for those with less than 1,000 square feet canopy.
James Pepper, the chair of the CCB, told VTDigger the move was a response to “a really unnatural” distribution of dispensaries around the state. About 70% of municipalities have banned retail marijuana shops.
The state legislature passed a bill this year that mandates that the CCB improve geographic diversity of dispensaries in order to ensure that there aren’t clusters in cities that have opted-in. The new law requires that the agency consider new rules based on “population and market needs.” These rules are still forthcoming.
VTDigger also reported that there are still more licensed cannabis stores in the works, which have been licensed but not yet opened. CCB members are concerned that some cannabis shops may rush to open up in cities like Burlington which support the use of cannabis. This could exacerbate the problem they now have to solve: dispensary overload.
VTDigger reported that license applications already under review will also receive a slight extension, extending the deadline to October 25 by three weeks. This group includes 21 potential retailers.
John Schroyer
John Schroyer is a journalist who has been working since 2006. He initially focused on politics and covered the 2012 Colorado campaign for marijuana legalization. He began writing about the cannabis industry in 2014 after attending the first legal cannabis sales that took place on New Year’s Day of that year, in Denver. John has covered the subsequent marijuana market launches that took place in California and Illinois. He has written about all aspects of the marijuana trade and was part the team who built the cannabis industry’s first ever trade show, MJBizCon. He joined Green Market Report as of 2022.
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