Apr 06, 2021
adult-use cannabis market, Cannabis Business Development Fund, Cannabis Control Board, cannabis industry, cannabis legalization, cannabis legalization law, cannabis regulation, equity, Gov. Phil Scott, license fees, municipalities, retail sales, S. 25, social equity, social equity applicants, social equity provisions, Vermont, Vermont Coalition to Regulate Marijuana, VT
On March 25, the Vermont Senate passed S. 25, a bill that would strengthen the social equity provisions in Vermont’s cannabis legalization law. The bill would require the Cannabis Control Board to reduce or eliminate licensing fees for social equity applicants, which are defined as “individuals from communities that historically have been disproportionately impacted by cannabis prohibition or individuals directly and personally impacted by cannabis prohibition.”
It would also create a Cannabis Business Development Fund to assist these applicants.
Additionally, the bill would incentivize municipalities to vote on whether to approve retail sales by March 2023; if they fail to hold a vote, they will be considered to have opted into allowing retail sales.
Write your representatives today and urge them to support improving Vermont’s cannabis regulation policies!
In other news, Gov. Phil Scott finally appointed three members to the Cannabis Control Board, more than two and a half months after his deadline to do so. If they are confirmed by the Senate, they will begin working to establish regulations for Vermont’s adult-use cannabis market. Retail sales are expected to begin in the fall of 2022.
After you write your representatives, please share this message with your family and friends.