The Delaware General Assembly has recently passed legislation to legalize the recreational use of marijuana by 2023. This is a major milestone in the state’s effort to embrace new approaches to cannabis regulation and taxation.
Delaware is now the 11th state in the United States to legalize the recreational use of marijuana. The legislation, which was passed by the Delaware General Assembly in June of 2021, will permit adults 21 years of age and older to legally purchase, possess, and consume marijuana.
The legislation is comprehensive in scope, and contains a number of provisions that will ensure that the recreational use of marijuana is regulated and taxed in a responsible manner. For example, the legislation imposes a number of restrictions on the sale of marijuana, including the requirement that retailers obtain a license from the state in order to sell the product. Additionally, the legislation sets forth a number of limits on the amount of marijuana that an individual can possess and consume at one time.
The legislation also contains a number of provisions that are designed to protect public health and safety. For example, it prohibits the sale of marijuana products to minors, and it prohibits the consumption of marijuana in public places. Additionally, the legislation imposes strict labeling requirements on marijuana products, so that consumers can make informed decisions about their purchases.
The legislation is expected to generate significant revenue for the state of Delaware. According to a recent economic analysis, the state is projected to generate $30 million in tax revenue from the sale of marijuana in the first year alone. This revenue will be used to fund a variety of state-run programs, including those that are designed to promote public health and safety.
The passage of this legislation marks an important step in Delaware’s effort to embrace a new approach to cannabis regulation and taxation. With the passage of this legislation, Delaware has joined the growing list of states that have legalized the recreational use of marijuana. It is expected that the legislation will have a positive impact on public health and safety, and that it will generate significant revenue for the state.