---
title: Vermont's Cannabis marketplace has been open for a year and is generating millions
description: Vermont's cannabis marketplace is about to mark its first year in operation. Retail sales for the current fiscal year are projected to top $100 million, ge
image: https://420intel.com/hubfs/Imported_Blog_Media/Vermonts%20Cannabis%20marketplace%20has%20been%20open%20for%20a%20year%20and%20is%20generating%20millions.jpg
---

[![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com)

- [Home](https://420intel.com)
- [Advertise](https://420intel.com/advertise)
- [Directory](https://420intel.com/directory)
- [Topics](https://420intel.com/blog) 
    - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news)
    - [Business News](https://420intel.com/tag/cannabis-business-news)
    - [Politics](https://420intel.com/tag/cannabis-politics)
    - [Technology](https://420intel.com/tag/cannabis-technology-news)
    - [Research](https://420intel.com/tag/medical-cannabis-news)
- [Contact](https://420intel.com/contact-us)

- [Follow us on Facebook](https://www.facebook.com/420intel)
- [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/)
- [Follow us on Twitter](https://x.com/420intel)
- [Follow us on Instagram](https://www.instagram.com/420intel)

### Press ESC to close

[![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com)

- [Home](https://420intel.com)
- [Advertise](https://420intel.com/advertise)
- [Directory](https://420intel.com/directory)
- [Topics](https://420intel.com/blog) 
    - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news)
    - [Business News](https://420intel.com/tag/cannabis-business-news)
    - [Politics](https://420intel.com/tag/cannabis-politics)
    - [Technology](https://420intel.com/tag/cannabis-technology-news)
    - [Research](https://420intel.com/tag/medical-cannabis-news)
- [Contact](https://420intel.com/contact-us)

- [Follow us on Facebook](https://www.facebook.com/420intel)
- [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/)
- [Follow us on Twitter](https://x.com/420intel)
- [Follow us on Instagram](https://www.instagram.com/420intel)

# Vermont's Cannabis marketplace has been open for a year and is generating millions

- [Admin](https://420intel.com/blog/author/admin)
- [Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics)
- 7 March 2024

Vermont's cannabis marketplace is about to mark its first year in operation.

Retail sales for the current fiscal year are projected to top $100 million, generating more than $20 million in new state revenue.

At the beginning of last October, the Vermont Cannabis Control Board licensed a handful of retail stores. Now the Board has issued almost 70 retail licenses and more are on the way.

Control Board chairman James Pepper says Vermont consumers have strongly responded to having a state-controlled marketplace.

"Consumers want the regulated product, they want the education, they want know what they're consuming, they want to read the labels and kind of have some consistency and some variety, so I'm excited," Pepper says.

Pepper says the new revenue will primarily benefit "after school" programs and drug education and prevention programs.

For more Cannabis News like this, circle back to [420intel.com](https://420intel.com/)!

[420 Intel News](https://420intel.com/content/about-us) | [420 Advertising](https://420intel.com/contact/advertising_opportunities) | [Cannabis Business News](https://420intel.com/articles/marijuana-business-news) | [Medical Marijuana News](https://420intel.com/articles/medical-cannabis-news) | [Recreational Marijuana News](https://420intel.com/articles/recreational-marijuana-news)

[Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics) [Recreational Cannabis News](https://420intel.com/blog/tag/recreational-cannabis-news) [Medical Cannabis News](https://420intel.com/blog/tag/medical-cannabis-news)

#### [Admin](https://420intel.com/blog/author/admin)

[Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics) [![Petitions seek to remove Vermont's THC caps](https://420intel.com/hs-fs/hubfs/Imported_Blog_Media/Petitions%20seek%20to%20remove%20Vermonts%20THC%20caps.jpg?width=550&height=395&name=Petitions%20seek%20to%20remove%20Vermonts%20THC%20caps.jpg)](https://420intel.com/blog/petitions-seek-remove-vermonts-thc-caps)

- [Admin](https://420intel.com/blog/author/admin)
- 7 March 2024

#### [Petitions seek to remove Vermont's THC caps](https://420intel.com/blog/petitions-seek-remove-vermonts-thc-caps)

Recreational cannabis has been legal for retail sale in Vermont for almost a year, but the work to...

[Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) [![Vermont's Cannabis Market: Have Your Say!](https://420intel.com/hs-fs/hubfs/crystalweed-cannabis-iTlMlnXOLUk-unsplash.jpg?width=550&height=395&name=crystalweed-cannabis-iTlMlnXOLUk-unsplash.jpg)](https://420intel.com/blog/vermonts-cannabis-market-have-your-say)

- [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz)
- 4 September 2025

#### [Vermont's Cannabis Market: Have Your Say!](https://420intel.com/blog/vermonts-cannabis-market-have-your-say)

MONTPELIER — Vermont is taking a fresh look at how to make its regulated cannabis market more...

[Medical Marijuana News](https://420intel.com/blog/tag/medical-marijuana-news) [![Vermont's Medical-only Cannabis Licensing Paused](https://420intel.com/hs-fs/hubfs/jeff-w-bLvAbc-VpMA-unsplash.jpg?width=550&height=395&name=jeff-w-bLvAbc-VpMA-unsplash.jpg)](https://420intel.com/blog/vermonts-medical-only-cannabis-licensing-paused)

- [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz)
- 11 August 2025

#### [Vermont's Medical-only Cannabis Licensing Paused](https://420intel.com/blog/vermonts-medical-only-cannabis-licensing-paused)

Vermont's Medical-Only cannabis dispensary licensing is now paused as state regulators refine the...

- [Follow us on Facebook](https://www.facebook.com/420intel)
- [Follow us on LinkedIn](https://www.linkedin.com/420intel)
- [Follow us on Twitter](https://twitter.com/420intel)
- [Follow us on Instagram](https://www.instagram.com/420intel)

Back to Top

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Admin",
    "url" : "https://420intel.com/blog/author/admin"
  },
  "dateModified" : "2025-05-30T13:34:41.602Z",
  "datePublished" : "2024-03-07T19:24:19.000Z",
  "headline" : "Vermont's Cannabis marketplace has been open for a year and is generating millions",
  "image" : [ "https://420intel.com/hubfs/Imported_Blog_Media/Vermonts%20Cannabis%20marketplace%20has%20been%20open%20for%20a%20year%20and%20is%20generating%20millions.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://420intel.com/blog/vermonts-cannabis-marketplace-has-been-open-year-and-generating-millions",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://420intel.com/hubfs/Asset%2016.png"
    },
    "name" : "420 Intel"
  }
}
```