Theory Wellness Opening Cannabis Dispensary In Brattleboro, Vermont

Theory Wellness will open its doors to the company's adult-use dispensary in Vermont this Friday at 9 a.m. ET. The new retail location is located at 768 Putney Road in Brattleboro, in the Fairfield Plaza Shopping Center. This newest location will be its eighth location, but will have a different approach from Theory's operations in Massachusetts and Maine.

"Vermont is one of the most interesting regulatory models on the East Coast for cannabis," stated Brandon Pollock, CEO of Theory Wellness. "The emphasis on streamlined licensing for craft farmers will allow for a terrific mix of top-quality products in our dispensary. By focusing on retail, we look forward to showcasing this unique network of local cultivators, many of which have been producing high-quality flower for years."

As part of the opening, Theory will donate 10% of net profits to the Vermont Natural Resources Council, an organization that protects Vermont's natural environments. Theory will be one of around 30 recreational dispensaries in Vermont when it opens its doors this Wednesday.

As of today, the Vermont Cannabis Control Board has approved over 250 licenses for cultivation sites across the state. Theory Wellness Brattleboro, located at 768 Putney Road, will be open daily from 9 a.m. to 9 p.m. The location adds 10 new jobs to the town, in addition to contributions relating to the 14% in excise taxes on sales.

Get your daily dose of cannabis news on Benzinga Cannabis. Don’t miss out on any important developments in the industry.

Photo by Esteban Lopez on Unsplash

Related News

2023: Medical Cannabis' Year? Also, Prices Drop In This State; 10-Minute Pardons

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsMarketsBrandon PollockpremiumTheory WellnessVermont Natural Resources Council
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.