News

Vermont To Legalize Recreational Marijuana

Vermont will become the 11th state to allow adult use cannabis

Vermont will become the 11th state in the nation to allow sales of marijuana for recreational use after Gov. Phil Scott (R) said this week he would not veto a measure passed by the state legislature.

Scott had vetoed an earlier marijuana legalization bill that did not include specific funding directives he had sought.

But in a letter to legislators this week, Scott said he would allow the latest bill to become law without his signature. He said the measure included a sufficient amount of funding to education and prevention campaigns designed to keep children off marijuana, and the implementation of a roadside saliva test aimed at curbing driving under the influence.

Scott said more work remained. He called for further legislation that would open the legal market to more minority- and women-owned businesses.

Vermont will now begin crafting the regulatory structures that will lead to legal pot sales. The legislation creates a cannabis control board that will establish the rules, along with a significant 14 percent excise tax on all marijuana products.

The first marijuana shops are likely to open by 2022, after the new rules are finalized.

To Read The Rest Of This Article On The Hill, Click Here

Stay up-to-date!

Get all the news and info straight into your inbox that you need to help grow your business.

Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.

Newsletter

Stay informed with the most up-to-date industry news to help you grow your business: subscribe to our newsletter below!


To Top