Marijuana likely legal after Nov. 8
November 7, 2016
Proposition 64, legislation aimed at legalizing marijuana, is on the Nov. 8 ballot and is currently polling heavily in favor of the “yes” side. Changes to the law, as well as fiscal impacts are as follows:
• Will allow for legal possession, sale, and purchase of marijuana for all individuals over 21 years of age
• Will also legalize the use of industrial hemp production
• Will create two news taxes – a cultivation and a sales tax.
• Will allow individuals to possess up to 28.5 grams of marijuana and 8.5 grams of concentrated marijuana
• Will mandate that businesses must apply for a sales license; sales will not be permitted within 600 feet of a school.
• Will reduce law enforcement costs, possibly saving up to$11 billion over the next decade
• Will reduce rates of incarceration and lessen the overcrowding of prisons
• Will direct revenue toward preventative youth substance abuse and drug education
• Will favor small scale marijuana producers over large producers; large producers’ licenses will be delayed for five years upon passage of Prop. 64.