Budget: with FdI amendment, ban on light cannabis, taxes up to 40%

Rome, 4 December (LaPresse) – Support for the light cannabis supply chain (with an active ingredient not exceeding 0.5 per cent) also for “the production of fresh or dried inflorescences and liquid derivatives, intended to be marketed for smoking or inhalation”, repeal of the ban on import, sale, processing, distribution, trade and transport; then excise duties as for tobacco and jurisdiction entrusted to the Monopolies. With an amendment to the budget, Fratelli d’Italia is attempting to rewrite the legislation on light cannabis, effectively loosening the restrictions recently introduced with the security decree. The amendment also aims to affect liquid products derived from the inflorescences of Cannabis sativa L., containing tetrahydrocannabinol (THC) in a proportion not exceeding 0.5 per cent, intended for consumption as non-combustible inhalation products: a consumption tax of 40 per cent of the retail price is envisaged. The marketing of the products referred to in paragraph 1 is subject to prior authorisation by the Customs and Monopolies Agency for entities that meet the same requirements established for the management of tax warehouses for manufactured tobacco.