CCB and Legislative Update
It is halfway through February of the New Year and about a month into the legislative session, so where are we at? The Cannabis Control Board is in the middle of its first rule amendment process, the State House is beginning to introduce cannabis-related bills, including a standalone THC cap reform bill, other bills continue to get drafted, and the adult-use market experienced its very first product recall the other week, highlighting some of the structural and internal processing issues with roots to the enabling statute that the industry wants to address.
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Let's Talk About Vermont's Cannabis Consumption Law
Vermont legalized small amounts of cannabis to grow at home, possess, and consume for adults 21 and older with Act 86 in 2018, two years before lawmakers legalized commercial cannabis with Act 164 in 2020, yet it remains one of the least-friendly states for legal consumption. Who is most impacted by Vermont's cannabis consumption law, why is New York earning recognition for its new consumption law, and what can lawmakers in Vermont do to make the state more consumption-friendly for its residents and those visiting?
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Our Statement on President Biden’s Recent Cannabis Announcement
Though the reforms are far short of what is needed, we welcome President Biden's use of the presidential bully pulpit to raise important cannabis-related issues, it is long overdue. The steps he announced on Thursday, October 6, 2022, include plans to pardon people with federal convictions for simple possession, to urge governors to do the same in their states, and to review the federal scheduling of cannabis.
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CCB and Legislative Update
As summer quickly approaches and the growing season gets underway, the State House has adjourned with two major pieces of legislation impacting the emerging adult-use marketplace, bill H.701, the license fee bill, and S.188, an agriculture bill that transformed into a clean-up bill, including a compromise on the THC caps, the Cannabis Control Board is approaching 20-approved licenses to operate and has begun approving license applications for non-Social Equity and Economic Empowerment applicants, and with the outdoor growing season here many are wondering what this first year of the market will look like.
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