Phantom Farms LLC cultivation license deactivated in Vermont
A Vermont cultivator's license has been marked inactive, part of a wave of closures across the state's cannabis market in mid-August.
FILE — closure · Ivan Radic / CC BY 2.0Phantom Farms LLC, a cultivator licensed under Vermont's adult-use program, no longer holds an active license as of August 23, according to the state license roster. The closure adds to at least a dozen operator deactivations recorded over the past week across retail, cultivation, and manufacturing segments.
Vermont's cannabis market remains fragmented despite the closures. The state maintains 291 active cultivation licenses, 105 retail locations, and 86 manufacturers across roughly 500,000 residents. Monthly sales have hovered near $13 million, suggesting persistent demand even as individual operators exit.
The recurring deactivations warrant monitoring to determine whether they reflect voluntary exits, regulatory enforcement, or broader market consolidation. Official reasons for individual license status changes are not immediately disclosed in roster updates.