Vermont S0278 regulates cannabis sales and consumption, lowers excise tax, and establishes a fund for cannabis business development.

Vermont S0278 amends state laws to regulate cannabis sales and consumption. It authorizes the Cannabis Control Board to issue various permits, including event permits, delivery permits, and on-premises consumption permits. The bill also increases the transaction limit for retail sales to two ounces of cannabis or its equivalent in cannabis products per transaction. It lowers the cannabis excise tax from 14 percent to 10 percent. The bill establishes the Cannabis Business Development Fund to provide loans and grants to social equity applicants and other eligible businesses.

Vermont S0278 regulates cannabis sales and consumption, lowers excise tax, and establishes a fund for cannabis business development.

Vermont S0278 amends state laws to regulate cannabis sales and consumption. It authorizes the Cannabis Control Board to issue various permits, including event permits, delivery permits, and on-premises consumption permits. The bill also increases the transaction limit for retail sales to two ounces of cannabis or its equivalent in cannabis products per transaction. It lowers the cannabis excise tax from 14 percent to 10 percent. The bill establishes the Cannabis Business Development Fund to provide loans and grants to social equity applicants and other eligible businesses.