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Delaware Marijuana Legalization Bill Clears First Legislative Hurdle | Cannabis Business Times

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Delaware Marijuana Legalization Bill Clears First Legislative Hurdle

“Marijuana is here. The question is ‘Are we going to regulate it?’”

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DOVER, Del. — A bill to legalize marijuana in Delaware cleared its first legislative hurdle Wednesday, with the House Revenue and Finance Committee voting after a two-hour hearing to release the measure for consideration by the full House.

It’s being touted as a revenue-generating measure, calling for a government-run industry that would create jobs while padding state coffers with licensing fees and taxes. State government would collect a 15% tax on sales of marijuana products, as well as licensing fees for cultivation, manufacturing, sales and testing facilities.

“Marijuana is here. The question is ‘Are we going to regulate it?’” said bill cosponsor and committee member Paul Baumbach, a Newark Democrat.

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