On Friday, the Vermont Senate Finance Committee voted 6-1 to approve S. 241, a bill that would end marijuana prohibition for adults and create a regulated and taxed system for marijuana production and sale. Before passing the bill, the Finance Committee adopted a 25% tax rate that would be applied to retail sales. (This is roughly on par with the tax rates in Oregon and Colorado, and it is significantly less than the rate in Washington state). This bill is still a work in progress. We will continue…

The Vermont Senate Committee on Judiciary approved a bill (4-1) on Friday that would end marijuana prohibition in the state and regulate marijuana for adult use. S. 241 would make it legal for adults 21 years of age and older to possess up to one ounce of marijuana and establish a tightly controlled system of licensed marijuana cultivation sites, testing facilities, and retail stores. It would also create a study commission to examine issues such as edible marijuana products and home cultivation,…