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Vermont regulators brief Senate committee on federal cannabis rescheduling, urge regional planning
Summary
Legislative counsel Tucker Anderson and Cannabis Control Board chair James Pepper told the Senate Economic Development, Housing & General Affairs committee that a Dec. 18 executive order accelerating federal rescheduling and proposed limits on CBD products could reshape Vermont’s market; they urged outreach to neighboring states and creation of an exploratory commission to consider interstate compacts and banking options.
Tucker Anderson, legislative counsel, and James Pepper, chair of the Cannabis Control Board, told the Senate Economic Development, Housing & General Affairs committee on Jan. 30 that a recent federal executive order has put Vermont on notice to prepare for possible rescheduling of cannabis and new restrictions on CBD products.
Anderson summarized the federal path under the Dec. 18 executive order, saying the directive ‘‘directs the AG to take all necessary steps to reclassify cannabis to Schedule 3,’’ a move that could expand research access, allow state operators to deduct some business expenses for federal tax purposes and change accepted medical uses. He cautioned the committee the process involves drafting a final rule, interagency review and publication in the Federal Register — and that Congress could intervene at any stage.
The presenters flagged a second federal action aimed at CBD and similar products: a proposed federal limit that would cap certain products at 0.4 milligrams per container…
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