While cannabis is already legal in the Green Mountain State, Vermont will not collect new revenue without a system for taxation and regulated sales. Moreover, the state is facing over $570 million in pandemic-related budget losses through fiscal year 2021, and without federal support and new sources of revenue, community services will likely be reduced. If S.54 were to pass this year — and revisions are made to allow cannabis produced by existing hemp cultivators and medical dispensaries to be sold for adult use beginning in 2021 — this analysis projects the ability to generate over $175 million in cannabis sales taxes through 2025.