Tax and Regulate

Vermont Senate Finance Committee Votes to End Marijuana Prohibition

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 to update you on new developments as it advances through the committee process.

If you are a Vermont resident, it’s very important that your senators and representatives hear from you today. Please send them an email urging them to support S. 241. If you are able to take a few minutes to personalize your email, that may increase its impact on legislators.

S. 241 will be considered by the Senate Appropriations Committee next. A vote by the full Senate is expected within the next couple weeks.

Read more

Tax and Regulate

Vermont Senate Committee Approves Marijuana Regulation Bill

VT Coalition logo - SmallThe 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, which would not be allowed under the bill. It would remain illegal to consume marijuana in public or drive under the influence of marijuana. If approved, rulemaking would begin this summer, but the new law would not take effect until January 2018. The bill will now go to the Senate Committee on Finance for consideration.

VT commercial screenshotThe Vermont Coalition to Regulate Marijuana is working to build support for the bill and keep up the momentum. It recently launched a  television ad, produced by the Marijuana Policy Project, which features former Vermont Attorney General Kimberly Cheney. Cheney was also the subject of a series of web ads launched earlier this month.

Read more