Vermont to study legalization of marijuana

MONTPELIER – The administration of Gov. Peter Shumlin is gearing up for a task assigned to it by the Legislature: studying the fiscal and other impacts if the state were to legalize marijuana.

Shumlin agrees with lawmakers “it’s timely to do a study,” said Administration Secretary Jeb Spaulding, whose agency is to report its findings to lawmakers by Jan. 15.

“We’re not going to prejudge what our position would be at the end of it,” he said.

An amendment to a bill removing the cap on the number of patients who can get medical marijuana in Vermont called for a study of “possible taxing systems” for marijuana, any savings or costs connected with taxing and regulating the drug, and the experiences of other states that have legalized, which as of now are Colorado and Washington. Read More