Vermont made history in 2018 by becoming the first state to legalize recreational cannabis through the Legislature. Lawmakers forgot one thing, though — to create a regulated and legal marijuana market in the process. The state prohibited cannabis sales for the past two years, even though residents could possess and consume the substance without penalty. […]
Vermont
What does a recreational cannabis market mean for me? We break down the Vermont law
Vermont will soon have a regulated, recreational marijuana market. What does that mean for folks who want to get into the emerging industry, partake in openly buying cannabis products, or want to know how their community will be impacted? We break down the bill, answering pressing questions. I am interested in purchasing cannabis in Vermont When will I be […]
Marijuana sales to become legal in Vermont
Vermont will join the ranks of states allowing the legal sale of marijuana and cannabis products under a bill allowed to pass into law by Gov. Phil Scott without his signature on Wednesday. Scott, in choosing to allow S. 54 to pass into law, asked the Legislature to make additional changes and improvements in January […]
Vermont House Votes to Approve Marijuana Expungements by Wide Margin
The Vermont House on Friday gave preliminary approval to a bill that would automatically expunge thousands of low-level marijuana convictions and allow people to possess and grow twice as much of the drug without being charged with a crime. The two cannabis-related measures were included in a miscellaneous judiciary bill that passed the chamber by […]
Vermont May Be the Next State to Legalize Recreational Marijuana Sales
According to news reports, the Vermont legislature is ready to advance S54 this month or next, to legalize cultivation and sales of marijuana in the state beginning in 2022. Versions of the bill have been approved by both chambers. The current regulatory situation in Vermont is unique, as marijuana possession has been legal since January 2018. Before heading […]
CEO of Vermont medical marijuana backer iAnthus Capital resigns amid financial scandal
The CEO of the company behind one of Vermont’s five licensed medical marijuana dispensaries has resigned following allegations that he used the company’s resources for personal benefit. Hadley Ford, CEO of iAnthus Capital, immediately submitted his resignation after a special investigation uncovered $160,000 in personal loans from a managing member of one of the company’s […]
Vermont medical marijuana dispensaries stay open, but some limit hours
Just hours after Gov. Phil Scott issued a “stay at home” directive Wednesday shutting down all but “essential” businesses, a panel of lawmakers discussed whether medical marijuana dispensaries in Vermont would be permitted to stay open. Sen. Dick Sears, D-Bennington and chairman of the Senate Judiciary Committee, said he’s been hearing a lot about the […]
Vermont House backs legal market for marijuana sales
The Vermont House on Wednesday approved a bill that would establish a legal market for marijuana in Vermont and clear the way for dispensaries to open up shop in the state as soon as 2022. The bill mandates a 20% tax, gives a head-start on retail sales to current medical marijuna dispensaries and allows saliva […]
Vermont bill to regulate and tax cannabis passes final House committee
Vermont Business Magazine On Monday, Vermont’s House Appropriations Committee voted in favor (6-5) of a bill that would legalize, regulate, and tax cannabis sales for adults 21 and older. S. 54 previously passed the House Government Operations Committee in a unanimous vote, the House Ways and Means Committee in an 8-3 vote, and the Senate […]
Vermont AG Says Marijuana ‘Delivery Fees’ And ‘Free Gifts’ Are Illegal
Vermont’s top lawyer says businesses that charge a “delivery fee” to provide free marijuana are breaking state law. The same goes for entrepreneurs selling such T-shirts or other products with a “free gift” of marijuana, the Vermont Attorney General’s Office said in an advisory statement Monday. The guidance comes three weeks after Vermont legalized adult-use marijuana. There is […]
