A Vermont cannabis farmer has attracted some unwanted attention from his community and neighbors due to some unconventional employees on his cannabis farm: 30 ducks of all shapes, sizes and breeds. Jason Struthers of Essex Junction, Vermont grows 100 licensed cannabis plants at his property. He uses duck manure to fertilize those plants after he bought them to use as meat but opted to let them hang out a while instead. “I actually bought the ducks initially to use them… Read more.
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Vermont is a small farming state, so it’s no surprise that recreational marijuana regulations included multiple license types for small cannabis farms to foster a craft ethos in the market’s burgeoning adult-use industry, which launched Oct. 1, 2022. Like other small farmers in the Green Mountain State, marijuana cultivators face a daunting climate of suppressed wholesale prices, inflation and high taxes. Unlike their peers, many small cannabis farmers seem largely unaware of the opportunity Vermont offers license holders to diversify… Read more.
Vermont’s cannabis companies are ineligible for federal disaster aid for losses caused by flooding in the state last week, VT Digger reports. During a press conference Monday, Carl Dombek, public information officer for the Small Business Administration, said the agency has to “follow federal law” and because cannabis is a Schedule I drug at the federal level, the agency is “not able to lend to cannabis dispensaries.” Chelsey Smith, Federal Emergency Management Agency (FEMA) individual assistance branch director, told VT Digger that… Read more.
Now that most of New England has legalized cannabis in some form or another, it’s worth looking at which states are the largest markets. While the smaller states with the least population are expected to be the ones with the lowest total sales, the largest state – New York is lagging. In just five years, Massachusetts has become the leader in the region having reached the billion mark in just two years. New Jersey is in second place, but quickly… Read more.
Medical cannabis patients in Vermont can now grow 12 plants, up to six mature, and medical cannabis products can now contain up to 100 milligrams of THC per serving, under legislation that Gov. Phil Scott (R) allowed to become law without his signature. The bill also adds post-traumatic stress disorder to the state’s medical cannabis qualifying conditions list. In a letter to lawmakers, Scott said he allowed the measure to become law without signing it because the measure repeals the sunset of the Cannabis Control… Read more.
Vermont lawmakers held a committee hearing on Thursday where members discussed legislation to legalize psilocybin and take first steps toward providing regulated access to the psychedelic. Members of the House Judiciary Committee took up H. 371 from Reps. Chip Troiano (D) and Brian Cina (D), who said he’s personally benefitted from using psychedelics. There seemed to be agreement among members about the overall merits of the proposal, but the panel’s chairman said that “we’re not going pass this out this… Read more.
Lee Stowell worked on Wall Street selling high yield junk bonds for 25 years before deciding to return to her native Vermont with her six children in March 2020 to take over a medical cannabis operation in Brandon, called Grassroots Vermont. "I wanted to get back to Vermont," Stowell said in a recent interview. "I built my house 15 years ago, but I didn't move up here permanently until Covid hit." Stowell built her house on Goodsell Point on Lake Champlain… Read more.
Devon Deyhle, the proud owner of Tall Truck, a small-scale cannabis growing operation based in the small town of Peachham, made a costly mistake when he decided to promote his business on social media. The ambitious grower, who cultivates his plants indoors in a Tier 1 facility spanning less than 1,000 square feet, posted a video on Instagram showcasing his bountiful yield of high-quality cannabis. Little did Devon know that this seemingly harmless promotional video would prove a costly mistake.… Read more.
A licensed Vermont cannabis cultivator was issued $20,000 in fines by state regulators after posting a video of himself on Instagram delivering cannabis to an unlicensed cannabis shop in New York City, VT Digger reports. The Cannabis Control Board (CCB) also initially suspended the license of Devon Deyhle, and his business Tall Truck, for 60 days but will not impose the ban if Deyhle abides by state regulations for the next two years. In the since-deleted video, taken last December, Deyhle gets out of… Read more.
Ben & Jerry’s Ice Cream co-founder Ben Cohen has launched a cannabis brand called Ben’s Best Blnz, or B3, and the company’s profits will be used for social benefit, according to a Fast Company report. The product line includes low-THC products including pre-rolls and vape options. B3 is a registered non-profit and 80% of the company’s profits will be administered in partnership with NuProject as grants to Black cannabis entrepreneurs. Another 10% will go to the Last Prisoner Project, and 10% will be donated to the Vermont… Read more.
The first two months of 2023 have shown expansive interest in bold drug policy reform in state legislatures across the country—most recently, with the introduction of numerous new bills touching on everything from psychedelics legalization to authorizing safe drug consumption sites. Lawmakers in several states will conduct hearings on such reform proposals over the next week. The marijuana legalization movement continues to spread and evolve, but it’s become quickly apparent this session that legislators are eager to more holistically move… Read more.
Vermont cannabis retailers sold about $5.7 million worth of cannabis products in January. Cannabis sales in Vermont reached $5.7 million in January, according to Agency of Administration data released last week. The state collected more than $1 million in tax revenues from cannabis sales. Vermont collected $799,102 from the 14% excise tax on cannabis sales and $342,472 from the state’s regular 6% sales tax. Under the state’s adult-use law, cannabis excise tax revenues are used to “backfill” any deficit in the Cannabis… Read more.
Regulators in Vermont are investigating links between Roman Abramovich, a Russian oligarch, and cannabis MSO Curaleaf. Cannabis regulators in Vermont are investigating the links between Russian oligarch Roman Abramovich and multi-state cannabis operator Curaleaf, VT Digger reports. The inquiry follows a report by Vice that found Abramovich invested $130 million and provided $194 million in loans to US cannabis firms between 2016 and 2018, with Curaleaf as the main beneficiary. In Vermont, Curaleaf owns Phytocare Vermont in Bennington and Vermont Patients Alliance in Montpelier. According to… Read more.