Lawmakers in the House and Senate have reached a deal on legislation that would create a legal market for marijuana in Vermont.
Legislators signed off on a compromise proposal late Tuesday evening, after they came to an agreement on how the state would establish an advertisement policy for marijuana businesses—the largest sticking point in final negotiations.
The bill, S.54, which would allow marijuana dispensaries to open up as soon as May 1, 2022, still needs to be approved again by the House and Senate.
But legislators are poised to send the bill to Gov. Phil Scott’s desk next week, where it faces uncertainty.
Under the legislation, marijuana sales would be taxed at a combined 20% tax rate including a 14% excise tax and a 6% sales tax.
In recent weeks, the House and Senate have worked to reach consensus on a variety of provisions in the bill surrounding…