legalized possession of small amounts of cannabis and home cultivation in 2018
but never provided for a retail system. A committee of the lower house of
parliament approved a proposal to legalize the sale of cannabis last Friday by
11 votes to 0.
Committee will review the project tomorrow to discuss taxes and fees. If
approved, the bill will then have to be considered by the Appropriations
Committee before going to the State House of Representatives.
already approved a version of the bill last year. If the House of
Representatives approves the bill, it will enter a conference committee with
the Senate to reconcile the differences between the versions of the two
chambers, the text having been amended in the meantime.
This unanimous committee vote reflects the growing consensus in favor of section 54,” said Matt Simon, New England political director of the Marijuana Policy Project. “Vermonters are more than ready to see the advent of regulated cannabis sales in their state, and it’s an encouraging sign that Vermont’s elected officials are ready to move forward on this issue.
The law, as
approved by the Committee, would establish a government agency to regulate the
licensing of all businesses dealing with cannabis. A 16% tax would be imposed
on sales of cannabis, and up to 30% of revenues from sales would go to drug
flowers could not contain more than 30% THC, and concentrates could contain up
to 60% THC.
Governor Phil Scott has already expressed opposition to commercial cannabis
sales, citing concerns about impaired driving. However, he is slowly opening up to the issue and would consider funding a school
tutoring program with cannabis taxes.