As you may or may not have heard, House Bill 5394 has made it out of committee and is moving into general assembly. The bill is for legalization of cannabis regulating and taxing the sales to people over 21 years of age. Titillating, but there is still a long way to go, some hurtles to overcome, and some heavy considerations to be taken into account.
If the bill can make it out of the general assembly, it will still have to pass through both the house and the senate before it goes to the governor. So, there is still a long way to go. Especially since Governor Malloy (An opponent of legalization yet recommended it as an option in his buget plan) had stated that there are no resources for the regulatory system. Which brings us to the hurtles, $Money$.
The CT Office of Fiscal Analysis estimates a cost of about $15 million to implement a regulatory body for what is being purposed. CT is already running in the red. So, where would that money come from? There would certainly be no Federal support behind that. Will the fees to get in the game be so through the roof you’ll have to be a Gazillionaire to open a store the size of a postage stamp? Or will they be putting it together counting on the tax dollars? Which bring us into those heavy considerations.
The states surrounding CT are beginning to change their positions on legalization. Like their neighbor Massachusetts, which is set to kick off recreation sales of cannabis this summer. Simply put, all those taxable dollars will be going somewhere else to be spent on happy flowers. Plain and simple. Not only does this need heavy consideration, it needs an action plan.
However, I think there’s a light at the end of the tunnel and here’s why… 70% of those who reside in the state of Connecticut are in support of the legalization of cannabis. So let your voice be heard people! Make a phone call, send an email, write a letter, and send smoke signals.