At least three cannabis-related companies were included in the 2024 Inc. Regionals, a ranking of the fastest growing privately held businesses in the United States.
Cannatrol was the fastest growing company and the highest ranked company with ties to the marijuana industry, with a two-year growth rate of 530% to rank 29th in the Northeast region. The Vermont-based company manufactures systems to help cannabis growers of all sizes dial in the perfect cure.
“The drying, curing and storage process has always been a bit of a guessing game,” CEO Jane Sandelman told Marijuana Venture for the magazine’s July 2023 cover story. “Now you’ve got a precision tool to control the final outcome. You’ve got consistency, you’ve got repeatability, you’ve got reliability — all of those things that you’ve never had in post-harvest before.”
The 1,132 companies that were featured in the Inc. Regionals accounted for 96,129 jobs to the U.S. economy in 2022 and generated $75.9 billion in total revenue.
