Delaware medical cannabis market grows amid possible adult-use legalization
To meet increasing demand, state regulators earlier this year awarded additional vertical licenses to three operators covering four dispensary locations.
Notably, the three new licensees all fall under the category of minority- or veteran-owned business enterprises.
“With new companies and new product lines coming out, we expect sales to jump considerably,” Paul Hyland, Delaware’s medical marijuana director, told MJBizDaily.
The state is projecting sales of $37.3 million for 2021, a 35% increase from last year.