Tag: vermont
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Vermont’s Legal Cannabis Industry Exceeded Projected Market Value By 48%
In 2022, the Vermont Legislative Joint Fiscal Office projected that by June 2022 the state’s legal cannabis industry would have an annual market value of $86 million by June 2024. However, according to Vermont Cannabis Control Board Chair James Pepper, Vermont’s legal market reached $128 million in the fiscal year ending in June 2024. “Since the…
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…