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Cannabis Control Board briefs Senate committee on market performance, compliance and federal changes
Summary
The Cannabis Control Board told the Senate committee that Vermont’s regulated market has grown quickly, revenue has exceeded early forecasts, and the board is monitoring clustering, advertising and illicit‑market dynamics; the board urged legislative direction on funding for a cannabis business development fund and warned federal rescheduling timelines remain unclear.
The Senate Committee on Economic Development, Housing and General Affairs received an extended briefing from James Pepper, chair of the Cannabis Control Board, on Jan. 9 covering licensing, market trends, compliance, tax allocation and federal developments.
"We're an independent executive branch agency, and our job at a very high level is to safely, equitably, and effectively implement the laws that administer cannabis," Pepper told the committee. He said the board closed the retail and cultivation application windows in 2025 and that the board registers products before market entry; Pepper reported more than 5,000 unique registered products and described a large diversity of product categories including flower, cartridges, concentrates and edibles.
On enforcement, Pepper summarized 2025 compliance…
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