Will Vermont’s Legislature Make It the Next State To Legalize Recreational Marijuana?

February 18, 2015
robomayor
Policy & Legal, Vermont
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Vermont could become the first state in history to legalize recreational marijuana via state legislature with a new bill submitted Tuesday that aims to end prohibition of the plant.

Senate Bill 95 would legalize the possession, use and sale of recreational marijuana in the state for those 21 and older. Adult residents could possess up to an ounce of marijuana and grow up to nine plants (two mature, seven immature) for personal use, including any additional marijuana produced by those plants. Personal cultivation would be limited to secure indoor facilities.

Non-residents could also enjoy the new laws, legally purchasing up to one-quarter of an ounce of marijuana from a licensed retail shop.

The bill also proposes an excise tax of $40 per ounce of marijuana flower, $15 per ounce of any other marijuana product and a $25 tax on each immature cannabis plant sold by a cultivator. [Read more at the Huffington Post]

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected].

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