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Adult-Use Cannabis Sales Legalized in Vermont


Adult-Use Cannabis Sales Legalized in Vermont
Chris Furnari - Oct 08, 2020 at 06:35 PM
Vermont Gov. Phil Scott (R) said Wednesday he would allow a cannabis legalization bill to become law without his signature.
The legislation, S. 54, creates a commercial marijuana market in The Green Mountain State and establishes a 14% tax on all cannabis products.
The bill which had bipartisan support in the Vermont Senate and House also creates a licensing system and requires the formation of a Cannabis Control Board that will be tasked with regulating the sector.
The new law is set to take effect this month, but initial licensing could take up to two years while the Cannabis Control Board is formed, and members begin meeting to iron out the details of a rollout. ....

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