Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s tiniest state, a market that is expected to generate $300 million in sales within a few years.
Within New England, Rhode Island’s transition to adult-use retail follows Vermont’s recreational launch in October.
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It also precedes neighboring Connecticut, which aimed to open its market by year’s end. That timeline, however, was likely kicked into 2023 because of regulatory-related delays and setbacks.
Rhode Island’s quick rollout – lawmakers approved recreational sales only six months ago – has presented some technical challenges but also some budding opportunities for dispensaries and suppliers to recapture business lost for years to neighboring Massachusetts.
In another deviation from the norm, the vast majority of Rhode Island’s municipalities authorized adult-use retail before the launch of sales.
Despite the opt-ins, the nation’s smallest state by landmass will roll out adult-use sales
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Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s tiniest state, a market that is… Continue reading
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