Tuesday, October 13, 2009

Tax and Regulate cannabis Hearing

There will be a hearing by the Mass. legislature's Revenue Committee on H 2929*, " An Act to regulate and tax the cannabis industry" on Wed. Oct. 14 at 10:00 AM in Room B2 of the State House.

This bill allows those over 21 without fear of prosecution to cultivate cannabis for personal use and to give cannabis to others over 21 years of age.

Not that this bill will make any progress, look for this to be a small part of the finacial solutions and cost savings measures that will be inacted next year, after the Fed's lift the ban on mcannabis to allow industrial hemp.

As many have said for years and years, taxing and controlling this innocuous plant would create untold revenue for the Sate and country and help cut the incredibly expensive enforcement of draconian laws, all designed to keep hemp from competing with the chemical industry.

House Bill 2929 can be seen at http://www.cantaxreg.com/

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