Tag: Vermont

Lawmakers Across The Country File More Psychedelics Reform, Drug Decriminalization And Safe Consumption Site Bills

February 25, 2023 · marijuanamoment.net

The first two months of 2023 have shown expansive interest in bold drug policy reform in state legislatures across the country—most recently, with the introduction of numerous new bills touching on everything from psychedelics legalization to authorizing safe drug consumption sites. Lawmakers in several states will conduct hearings on such reform proposals over the next week. The marijuana legalization movement continues to spread and evolve, but it’s become quickly apparent this session that legislators are eager to more holistically move… Read more.

Vermont Cannabis Sales Reach $5.7M in January

February 24, 2023 · Ganjapreneur

Vermont cannabis retailers sold about $5.7 million worth of cannabis products in January. Cannabis sales in Vermont reached $5.7 million in January, according to Agency of Administration data released last week. The state collected more than $1 million in tax revenues from cannabis sales.   Vermont collected $799,102 from the 14% excise tax on cannabis sales and $342,472 from the state’s regular 6% sales tax. Under the state’s adult-use law, cannabis excise tax revenues are used to “backfill” any deficit in the Cannabis… Read more.

Vermont Cannabis Regulators Investigating Curaleaf’s Ties to Russian Oligarch

February 22, 2023 · Ganjapreneur

Regulators in Vermont are investigating links between Roman Abramovich, a Russian oligarch, and cannabis MSO Curaleaf. Cannabis regulators in Vermont are investigating the links between Russian oligarch Roman Abramovich and multi-state cannabis operator Curaleaf, VT Digger reports. The inquiry follows a report by Vice that found Abramovich invested $130 million and provided $194 million in loans to US cannabis firms between 2016 and 2018, with Curaleaf as the main beneficiary.   In Vermont, Curaleaf owns Phytocare Vermont in Bennington and Vermont Patients Alliance in Montpelier.  According to… Read more.