Vermont’s cannabis law permits larger single retail sales and allows limited public sales events, while setting rules for licensed growers and renters.
Retailers may provide up to two ounces of cannabis, or the equivalent in products, in one transaction. The law also adjusts certain possession and cultivation penalties.
For a two-year pilot, the Cannabis Control Board may allow licensed retailers to sell at public events, with no more than 10 permits each year. The Board must set application rules and report whether the program should continue.
The law lowers annual fees for outdoor cultivators and makes employee licenses last two years starting July 1, 2027. The Board pays collected local license fees to municipalities yearly and may take a final administrative penalty to court for collection.
For property tax credit claims, the law counts certain federal cannabis-related deductions or credits in adjusted gross income. The tax commissioner may share records with the Cannabis Control Board to administer the cannabis excise tax.
Licensed cultivators may form cooperatives, and the Governor may make agreements with other states that have commercial cannabis markets if listed conditions are met. Rental agreements may not bar cannabis possession or use in a home, but may bar burning it on the rental premises.
Cannabis retailers may provide up to two ounces, or the equivalent in products, in one transaction. The limit applies to a single transaction at a cannabis retailer. The summary does not give a separate effective date for these provisions.
The Cannabis Control Board may issue permits for public events where licensed retailers sell cannabis. The permits are for licensed cannabis retail establishments and sales-only public events. The Board may issue no more than 10 permits each year. The Board must set eligibility rules and adopt procedures through rulemaking. The pilot lasts two years; the summary does not state when that period starts.
The law sets licensing, fee-payment, and penalty-collection rules for cannabis businesses and municipalities. Outdoor cultivator fees are annual; employee licenses last two years. The Board pays municipalities the local license fees it collected once each year. The Board may collect a final administrative penalty by filing a civil case in Superior Court. The two-year employee-license term begins July 1, 2027.
The law changes how cannabis-related tax deductions count toward a property tax credit and allows tax records to be shared with the Cannabis Control Board. The property tax credit rule concerns federal deductions or credits a claimant would have been allowed for cannabis cultivation, testing, processing, or sales under federal law. The Commissioner of Taxes may provide records to the Board to administer the cannabis excise tax. The credit rule applies retroactively to January 1, 2025, and covers claims filed after January 1, 2026.
The law allows licensed cultivators to form cooperatives, permits certain agreements with other states, and sets rules for cannabis in rental homes. Interstate agreements concern states with commercial cannabis markets; the cooperative provision applies to licensed cannabis cultivators. The Governor may make an agreement only if a listed contingency occurs and the other state meets the law’s requirements. A rental agreement may bar burning cannabis intended for inhalation on the rental premises, but may not bar possession or use within a dwelling unit. The summary does not give separate effective dates for these provisions.
No hearings or votes scheduled.