marc shepard

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Rhode Island: Billboard Promotes Marijuana Regulation, Taxation For Jobs

Regulate-RI-Billboard-IfWeBuildIt,TheyWillCome...

Regulate Rhode Island on Tuesday unveiled a billboard in Providence that informs state officials — who are considering investing tax dollars in building a new stadium in the city — of another way to attract new businesses, good jobs, and young professionals to Rhode Island: regulating and taxing marijuana.

The ad campaign was launched at 11 a.m. ET with a news conference in front of the billboard. Regulate Rhode Island Director Jared Moffat was joined at the event by Paul DeFruscio, CEO of Jennifer Rose Associates LLC, a company that specializes in packaging marijuana-infused products, and Marc Shepard, co-founder of New England Cannabis Conventions.

The “Field of Dreams”-themed ad features stadium lights shining on two young professionals standing among a small field of marijuana plants, and it reads, “If we build it, they will come… It’s time to establish a regulated marijuana market in Rhode Island.”

“State lawmakers have repeatedly said that rebuilding our economy is their biggest priority,” Moffat said. “It’s time for Rhode Island to invest in a more sensible marijuana policy. Establishing a regulated marijuana market for adults would attract entrepreneurs, create jobs, and raise revenue.

“Regulating and taxing marijuana would be a home run for Rhode Island,” Moffat said.

Legislators are currently considering S 510/H 5777, the “Marijuana Regulation, Control, and Taxation Act,” which would end marijuana prohibition in Rhode Island and replace it with a system in which marijuana is regulated and taxed similarly to alcohol.

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