The bill amends Vermont's cannabis laws to enhance possession limits and cultivation allowances, increasing the maximum amount of cannabis that can be possessed and transacted from one ounce to two ounces, and raising the hashish limit from five grams to ten grams. It also allows individuals to cultivate more plants, increasing the limit from two mature and four immature plants to three mature and six immature plants. A new event permit system for licensed cannabis retailers is introduced, enabling them to host commercial events under specific conditions, including a fee structure and security requirements. Additionally, the bill repeals the integrated license provisions, which previously allowed a single licensee to engage in multiple cannabis activities, and modifies the fee structure for outdoor cultivators by significantly reducing annual licensing fees.

Moreover, the bill establishes a framework for interstate cannabis commerce and emphasizes community inclusion in the cannabis industry, particularly for populations adversely affected by past cannabis criminalization. It includes provisions for the Cannabis Business Development Fund and modifies definitions related to cannabis business expenses for tax purposes. The bill also prohibits rental agreements from restricting tenants' possession or use of cannabis, with certain exceptions, and clarifies that landlords can ban the use of lighted cannabis but cannot prohibit possession outright. The effective dates for various sections are outlined, with most provisions taking effect on July 1, 2026, and certain sections related to fee schedules effective on July 1, 2027.

Statutes affected:
As Introduced: 7-868, 7-881, 7-907, 18-4230, 18-4230a, 7-910, 7-864, 7-866, 32-7902, 7-863, 7-987
As Passed By the Senate -- Official: 7-868, 7-881, 7-907, 18-4230, 18-4230a, 7-910, 7-864, 7-866, 32-7902, 7-863, 7-987, 32-7904, 32-7906, 7-846, 7-861, 7-901, 7-904, 7-904a, 7-974, 32-6061, 7-869, 32-3102, 7-909, 7-912, 7-913
As Passed By the Senate -- Unofficial: 7-881, 7-907, 18-4230, 18-4230a, 32-7902, 32-7904, 32-7906, 7-910, 7-863, 7-846, 7-861, 7-866, 7-901, 7-904, 7-904a, 7-974, 7-987, 32-6061, 7-869, 32-3102, 7-909, 7-912, 7-913
As Passed by Both House and Senate -- Official: 7-868, 7-881, 7-907, 18-4230, 18-4230a, 7-910, 7-864, 7-866, 32-7902, 7-863, 7-987, 32-7904, 32-7906, 7-846, 7-861, 7-901, 7-904, 7-904a, 7-974, 32-6061, 7-869, 32-3102, 7-909, 7-912, 7-913, 7-847
As Passed by Both House and Senate -- Unofficial: 7-907, 18-4230, 18-4230a, 32-7902, 32-7904, 32-7906, 7-910, 7-863, 7-846, 7-847, 7-861, 7-866, 7-881, 7-901, 7-904, 7-904a, 7-974, 7-987, 32-6061, 7-869, 32-3102, 7-909, 7-912
As Enacted: 7-907, 18-4230, 18-4230a, 32-7902, 32-7904, 32-7906, 7-910, 7-863, 7-846, 7-847, 7-861, 7-866, 7-881, 7-901, 7-904, 7-904a, 7-974, 7-987, 32-6061, 7-869, 32-3102, 7-909, 7-912