Connect with us

Hi, what are you looking for?

Tuesday, Aug 16, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Legalization

Kentucky considers medical and adult-use cannabis legalization with two new bills

In 2020, a medical cannabis bill stalled in the state Senate

Kentucky considering medical and adult-use cannabis legalization with two new bills
Photo by Mobilus In Mobili via Wikimedia Commons

Kentucky may be the next U.S. state to legalize medical and recreational cannabis, if a pair of bills pass the General Assembly in the coming months.

During a press conference on Thursday, Rep. Rachel Roberts introduced House Bill 521 and Senate Bill 186, together known as LETT’s Grow, which would regulate the use, possession and cultivation of cannabis.

Other sponsors of the bills include Senate minority floor leader Morgan McGarvey and Senator David Yates. The next step for the initiatives is to be approved by House committees.

The LETT’s Grow acronym stands for legalizing sales, expunging small offences, treating health problems with medical cannabis and taxing adult-use sales.

The bills would create a cannabis control board under an oversight commission that follows the work of the state’s Department of Alcoholic Beverage Control and regulates adult-use pot from seed to sale.

The legislation would eliminate small convictions for low-level offenders, fund substance use treatment and create new revenue through a 6-per-cent sales tax. Local governments could also impose their own licensing fees.

“Thirty-seven states have some form of legalized cannabis, making us an outlier. Kentucky is one of just 13 states without it,” Roberts, who drafted the bill, said during the press conference.

While cannabis won’t be an all-in-one solution for the state’s issues, she says, the industry stands to make to US$100 million a year if sales resembled those in neighbouring states Michigan and Illinois.

Under the bills, people could to have up to an ounce of weed in public and up to 12 ounces privately. Sharing pot will also be legal among adults, and home cultivation with up to 10 plants per person would be allowed.

Medical cannabis could be prescribed for any condition approved by a licensed practitioner.

In February 2020, Kentucky’s House of Representatives voted to pass a medical cannabis bill, but it didn’t advance because the Senate ran out of time to vote on it.

But sponsor Rep. Jason Nemes reintroduced the bill this January. The medical bill is more restrictive than the LETT’s Grow initiatives, as it prohibits home cultivation and smoking cannabis flower.

Read more: Virginia advances bill to allow recreational cannabis sales this year

Read more: American hemp production valued at US$824M in 2021: USDA survey

In November, Rep. Nima Kulkarni introduced another bill to regulate adult use that would remove criminal penalties for possessing small amounts.

Kentucky harvests around 1,500 acres of hemp, producing over 2.5 million pounds in 2021, according to a federal study on the industry released this week.

A 2020 poll by the Foundation for a Healthy Kentucky showed that 90 per cent of adults approve of medical cannabis, while 60 per cent say it should be legalized for all uses.

 

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Follow Natalia Buendia Calvillo on Twitter

natalia@mugglehead.com

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Business

This April, Pure Extracts Manufacturing Corp. received an IPO from the Nova Scotia Liquor Corporation Cannabis for its vapes and hemp-based edibles

Canada

The study was the largest of its kind to date, examining the impact of medical cannabis on anxiety and depression in 7,362 Canadian patients

Industry update

Industry is set to expand by approximately US$155 billion between 2020-2030

Business

The oil is now available at the Jardin, Vegas Tree House, and Exhale pot shops in Las Vegas