Vermont Terps Cannabis LLC license deactivated; 12 closures logged in state roster
Vermont Terps Cannabis LLC joins a wave of license deactivations across the state's retail and cultivation sectors within days.
FILE — closure · Ivan Radic / CC BY 2.0Vermont Terps Cannabis LLC, a licensed retailer, has had its license deactivated according to the state license roster updated September 8. The closure is one of at least 12 operator licenses marked inactive in Vermont over a two-day period, spanning retailers, cultivators, manufacturers, and other license types including Park Rec LLC (FLŌRA), Highly Recommended Vermont LLC, Wild Legacy Cannabis, and Down to the Roots.
Vermont maintains 101 active retail licenses and 272 cultivation operations as of the roster update, suggesting the deactivations represent a small fraction of the operating base. Monthly sales data through June 2026 shows the state averaging roughly $13 million in adult-use cannabis sales monthly, a steady but modest throughput for the market.
The rapid clustering of license deactivations warrants monitoring for patterns—whether driven by regulatory enforcement, voluntary surrenders, or operational transitions. Official explanation for the wave has not been provided in available state records.