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Bill > H626


NC H626

NC H626
Cannabis Legalization & Regulation


summary

Introduced
04/17/2023
In Committee
04/18/2023
Crossed Over
Passed
Dead
12/13/2024

Introduced Session

2023-2024 Session

Bill Summary

AN ACT TO LEGALIZE AND REGULATE THE SALE, POSSESSION, AND USE OF CANNABIS IN NORTH CAROLINA.

AI Summary

This bill legalizes and regulates the sale, possession, and use of cannabis in North Carolina. It establishes the Office of Social Equity to promote and encourage full participation in the regulated cannabis industry by people from communities disproportionately impacted by cannabis prohibition and enforcement. The bill imposes a 30% cannabis excise tax and allows municipalities to collect a 2% local option tax. The revenue generated will be used to fund programs and services related to cannabis regulation, substance abuse prevention and treatment, public education, and community reinvestment. The bill also provides for the automatic expungement of certain prior marijuana-related convictions and makes conforming changes to existing laws.

Committee Categories

Government Affairs

Sponsors (14)

Last Action

Ref To Com On Rules, Calendar, and Operations of the House (on 04/18/2023)

bill text


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