Connecticut Lawmakers Propose Changes to Recreational Pot Program

Connecticut Lawmakers Propose Changes to Recreational Pot Program
High Times

Legal marijuana sales in Connecticut are barely a week old, but lawmakers there are already mulling changes to the new law. CTPost reports that the opening days of the state’s legislative session have proposed a slate of new regulations over the cannabis program, including “changes to how the state issues cannabis licenses to efforts to further decriminalize the drug and increase safety labeling requirements.”  The proposals, the outlet noted, “have varying chances of successfully becoming law.” CTPost has more on the various proposals being floated by Connecticut lawmakers:  “House Majority Leader Jason Rojas, D-East Hartford, is proposing changes to the application fees for various cannabis licenses. Instead of a flat rate, application fees would be on a graduated scale and an applicant would have to pay more to submit a higher number of applications. The proposal is aimed at addressing the number of applicants who paid hundreds of thousands of dollars in application fees to improve their chances of winning a license through the lottery. Application fees vary depending on license type and whether the applicant qualifies for social equity status or not. Social equity applicants pay lower fees than non-equity applicants. Another bill introduced by Rojas would allow cannabis businesses to deduct certain expenses from their state tax returns. Several states in recent years have moved to allow cannabis companies to write off expenses on their state tax bills even though the drug is still federally prohibited. Supporters of the proposal said it would enable operators in the marijuana industry to be treated the same as most other businesses, which can write off expenses such as rent, salaries and wages, and advertising costs on their state tax returns.” According to CTPost, a legislative committee “plans to look at further regulation of cannabis, whether to provide hemp farmers with an…

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Source : Connecticut Lawmakers Propose Changes to Recreational Pot Program

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