The Rhode Island House Judiciary Committee is scheduled to hold a hearing Tuesday on a bill that would end marijuana prohibition in the state and replace it with a system in which adults can purchase marijuana from licensed businesses, similarly to alcohol.
Shortly before the hearing, marijuana market researchers, business owners, and entrepreneurs joined Regulate Rhode Island for a news conference to discuss the legislation’s potential to foster new businesses and create thousands of jobs in Rhode Island.
“This bill would provide a tremendous economic boost for our state, which is one of several reasons why our state legislators should not delay voting on it,” said Regulate Rhode Island Director Jared Moffat. “This proposal would create dozens of new businesses and thousands of new jobs across Rhode Island. Our state’s unemployment rate is still significantly higher than our neighbors’, and this legislation will put many Rhode Islanders back to work.”
H 7752, known as the Marijuana Regulation, Control, and Taxation Act, would make possession of limited amounts of marijuana legal for adults 21 years of age and older, and it would establish a tightly controlled system of licensed marijuana cultivation sites, testing facilities, and retail stores.