Vermont’s cannabis market has seen modest growth as legal adult-use inch toward a legal framework, while medical market regulations favor patient access over revenue.
Vermont’s Medical Market At The Moment
The Green Mountain State generated $20 million in medical sales in 2018, according to data from BDS Analytics and Arcview Market Research. That figure is forecasted to dip to $17 million by 2024.
The adult-use market is expected to reach $91 million by that time.
Vermont’s medical cannabis market has been legal since 2004, but it still hasn’t seen full revenue potential either due in part to current regulations.
– Read the entire article at Benzinga.