Looking back on Vermont’s retail cannabis market on one-year anniversary – WPTZ

With Vermont marking the one-year anniversary of legalized retail cannabis on Oct. 1, the economic and cultural effects of this new market are being felt statewide.Some told NBC5 that it won’t be long until cannabis that’s grown and sold in Vermont will be another product to put the Green Mountain State on the map, joining craft beer, ice cream, and flannels. Over the past year, growers and retailers have been working to meet the changing supply and demand needs of this rapidly expanding market.”The biggest change I’ve seen has just been in the public perception of cannabis,” said Nathaniel “Nat” Williams, the dispensary manager at Ceres Collaborative in Burlington. The state’s Cannabis Control Board told NBC5 that the retail market has brought in more than $9 million for the state in tax revenue to date.”That is a little bit higher than what we had originally projected,” said Brynn Hare, the executive director of the CCB.Hare said the board believes the high profit was possible because of how quickly licenses were able to be approved for the industry. However, getting things off the ground still came with challenges.”Every single state that has legalized for recreational use has experienced a rocky

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