All stores must obtain a retail tobacco license in order to sell items like vape cartridges/batteries, rolling papers, pipes, and other smoking paraphernalia. Electronic smoking devices are also subject to an additional 43% excise tax.
In a recent webcast produced by the National Indian Gaming Association (NIGA), Erick Giles and Ted Kelleher joined in to discuss the current state of the cannabis industry in Indian Country.
The six stores that launched sales on October 9 generated $258,411.58 in sales dollars and $25,841.16 in total sales tax revenue to the state collectively over the long weekend, according to the Office of Marijuana Policy.
The new law establishes a comprehensive regulatory system for the production and sale of cannabis in Vermont.
Here’s an excerpt from the article about the upcoming launch of Maine’s adult use marijuana