Vermont Lawmakers Finally Reach Deal On Marijuana Sales Legalization Bill
Marijuana Stocks, Finance, & InvestingUncategorized September 16, 2020 MJ Shareholders
A Vermont panel of House and Senate negotiators have reached a final compromise deal on a bill to tax and regulate marijuana sales in the state.
While Vermont legalized possession of up to one ounce of cannabis and cultivation of two plants in 2018, there are currently no regulations in place that allow for retail sales. That would change under S. 54, which previously cleared both chambers of the legislature before being sent to the bicameral conference committee to reconcile differences.
The panel has held a series of meetings on the legislation in recent weeks, with members negotiating key provisions such as tax rates, local control, saliva testing and advertising. Each side offered a bevy proposals and counterproposals in the final housrs of negotiations before reaching an agreement late Tuesday. Sen. Jeannette White (D), a conferee, confirmed to Marijuana Moment that the conference report was signed by all six members of the panel.
Read More
MJ Shareholders
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers