Vermont Senate to Propose Simplified Cannabis Retail Bill With 10 Percent Tax
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Vermont Senate to Propose Simplified Cannabis Retail Bill With 10 Percent Tax

The Senate Judiciary Committee plans to propose a bill that would legalize a market for cannabis sales in Vermont.

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January 14, 2019

The Senate Judiciary Committee plans to propose a bill that would legalize a market for cannabis sales in Vermont. The legislation does not, however, provide funding to bolster law enforcement or education initiatives that Gov. Phil Scott has said he wants to see as part of a retail system.

RELATED: Vermont Senate to Fast-Track Retail Cannabis Bill, But Path Not As Clear in House

Under the proposal, which has been outlined but not formally drafted, cannabis sales would be taxed at 10 percent, with a 1 percent local option tax—far lower than the combined 26 percent tax rate the governor’s Marijuana Advisory Commission has recommended.

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