Burlington voters to decide whether to host cannabis shops
BURLINGTON, Vt. (AP) — Burlington voters will be deciding on Town Meeting Day in March whether Vermont’s largest city should become host to shops that sell recreational marijuana.
The City Council decided to put the measure before voters on Town Meeting Day, WCAX-TV reported.
If approved, some of the local-option tax money collected in Burlington from cannabis sales would be used to help minority businesses and social support networks.
In September, the Vermont Legislature legalized the recreational sales of marijuana by establishing a system to tax and regulate retail pot sales. Gov. Phil Scott let the bill become law without his signature.
The law includes a provision that establishes a cannabis control board with an executive director to oversee the taxation and regulation of the market. And it sets up a 14% excise tax on cannabis products, of which 30% is earmarked for substance abuse prevention and it extends the 6% sales tax to cannabis products.