RI Lawmakers Introduce Marijuana Legalization Legislation
GoLocalProv News Team
RI Lawmakers Introduce Marijuana Legalization Legislation
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"Part of it's a fiscal argument...it's about regulating and taxing it, bringing in more money. Especially when we see the drastic cuts we'll have coming, this will be a good way to bringing in tax revenue," State Representative and bill sponsor Scott Slater told GoLocal prior to the press conference. "A lot of people say, 'Wait and see,' but in Colorado, in fourteen months, they've had something like $700 million in sales, and that's taking it out of the black market."
On Thursday, Slater along with State Senator Josh Miller introduced S 510/H 5777, the Marijuana Regulation, Control, and Taxation Act, to allow adults 21 and older to posses up to one ounce of marijuana and grow one mature marijuana plan in enclosed space.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe legislation would create a regulated system of licensed marijuana retail stores, cultivation facilities, and testing facilities, and establish excise taxes at the point of transfer from the cultivation facility to a retail store, and special sales tax on retail sales to consumers.
Currently, Rhode Island has legalized medical marijuana. Four states have adopted laws that regulate and tax marijuana similarly to alcohol -- Colorado and Washington have established regulated systems; Alaska and Oregon are in the process of establishing ones.
Coalition of Support
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Regulate Rhode Island, which is the coalition of community leaders and citizens working to "end the failed policy of marijuana prohibition," cited the support of a number of Rhode Islanders.
"Marijuana prohibition is taking a toll on our entire state, and our communities of color are paying the biggest prices. It's time for a more fair and rational policy," said Jim Vincent, President of the NAACP Providence Branch.
Elizabeth Comery, J.D. a former Providence Officer, offered her support and perspective.
"Regulating marijuana would make our communities safer by replacing a dangerous underground market with a tightly controlled system of legitimate businesses," said Comery.
