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Senate Committee Approves Bill for Adult-Use Marijuana Sales Tax in Kentucky

 
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Kentucky is one step closer to legalizing adult-use marijuana with a new bill approved by the Senate Licensing & Occupations Committee.

Description: A person holding a small bag of green, leafy substance with the word "marijuana" written on it in bold letters. The person's face is not visible.

The push for legalizing adult-use marijuana in Kentucky has taken a significant step forward with the approval of a new bill by the Senate Licensing & Occupations Committee. The bill, Senate Bill 47, would subject adult-use marijuana sales to a 15 percent sales tax, while medical cannabis products would remain untaxed.

According to Marijuana Moment, the committee members approved the bill, which will now head to the Senate floor for further debate and voting. If passed, Kentucky would become the latest state to legalize adult-use marijuana, joining the growing trend of states that have already done so.

Marijuana Moment is tracking hundreds of cannabis, psychedelics, and drug policy bills in state legislatures and Congress this year. The organization is committed to keeping the public informed about the latest developments in cannabis policy across the country.

Kentucky has been slow to adopt cannabis policy reforms, but the state has started to make some progress in recent years. In 2014, the state passed a law allowing for the use of CBD oil for certain medical conditions. However, the law did not include provisions for the cultivation, production, or distribution of the oil.

Since then, lawmakers in Kentucky have introduced several bills aimed at legalizing medical and adult-use cannabis. However, none of these bills have made it past the committee stage, until now.

Your support makes Marijuana Moment possible. The organization relies on readers to continue producing high-quality journalism on cannabis policy. If you rely on Marijuana Moment for news and analysis on cannabis policy, please consider supporting their work.

legalizing adult-use marijuana in Kentucky would be a significant step forward for cannabis policy in the state. It would provide a new source of revenue for the state, create new jobs, and help to reduce the number of non-violent drug offenders in the criminal justice system.

However, there are still many challenges to overcome before adult-use marijuana becomes legal in Kentucky. The bill will face opposition from lawmakers who are opposed to cannabis legal, as well as from law enforcement and public health officials who have concerns about the potential risks of cannabis use.

Marijuana Moment spoke with Keith Stroup, the founder and former executive director of NORML, about his goals for cannabis policy when he first started working in the field. Stroup emphasized the importance of education and advocacy in changing public opinion and influencing policymakers.

Marijuana Moment is an essential resource for anyone interested in cannabis policy. The organization provides up-to-date news and analysis on cannabis policy developments across the country, as well as advocacy tools and resources for those who want to get involved in the fight for cannabis legal.

Labels:
kentuckyadult-use marijuanasenate billsales taxmedical cannabislegalizationsenate licensing & occupations committeecannabis policystate legislaturescongress

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