2021 Vermont Statutes
Title 7 - Alcoholic Beverages, Cannabis, and Tobacco
Chapter 31 - Cannabis
§ 845. Cannabis Regulation Fund

Universal Citation: 7 V.S.A. § 845

§ 845. Cannabis Regulation Fund

(a) There is established the Cannabis Regulation Fund, which shall be managed in accordance with 32 V.S.A. chapter 7, subchapter 5. The Fund shall be maintained by the Cannabis Control Board.

(b) The Fund shall be composed of:

      (1) all State application fees, annual license fees, renewal fees, and civil penalties collected by the Board pursuant to chapters 33 (cannabis establishments) and 37 (medical cannabis dispensaries) of this title; and

      (2) all annual and renewal fees collected by the Board pursuant to chapter 35 (medical cannabis registry) of this title.

(c) Monies from the Fund shall only be appropriated for the purposes of implementation, administration, and enforcement of this chapter and chapter 33 of this title. (Added 2019, No. 164 (Adj. Sess.), § 2, eff. Oct. 7, 2020.)

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