Vermont Senate approves bill to enhance cannabis social equity in the state

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Cannabis and social equity are now intrinsically combined across the US

This past Wednesday, there was movement in the Vermont Senate after legislation came to the table to change several aspects of the marijuana market, and help the launch of legal sales from seeing any possible delay. To the delight of all the enthusiasts of Senate Bill 25 (SB 25), the Senate decided to pass it. The main objective of the bill is to improve the racial equity of any kind of relationship in the cannabis industry.

At the moment, although no further details have been specified yet, it is expected that, in the next few days, the marijuana legislation will be approved in a second vote so that it can advance to the House. Last year, Governor Phil Scott announced that he was going to sign into law Senate Bill 54, which will regulate the commercial production and sale of marijuana for adults, as well as the stipulation of taxes for marijuana; however, no store that sells cannabis will be licensed until spring 2022.

Many businesses are concerned that legal sales in the state will continue to be delayed because Scott has not yet decided to appoint a Cannabis Control Board, but that is precisely why the Senate marijuana bill was created. Senator Chris Pearson has done what is necessary for the fees to be approved and therefore for the companies to start the licensing procedure as soon as possible. Pearson said, “The Senate has asked for this law to be in place and up and running for several years now, and the prospect of losing an extra year is not something that we need to tolerate.”

At the moment, the plan seems to be on track, as it is only a couple more filters away from the bill becoming a reality.