If passed, Issue 2 would regulate recreational marijuana like alcohol - making it legal for anyone over 21 to purchase.
The measure, spearheaded by the Coalition to Regulate Marijuana Like Alcohol, would allow adults 21 and over to buy and possess up to 2.5 ounces of cannabis flower and 15 grams of extract. A 10% tax would be imposed on purchases, to be spent on administrative costs, addiction treatment programs, municipalities with dispensaries and social equity and jobs programs.
Legalize and regulate the cultivation, processing, sale, purchase, possession, home grow, and use of cannabis by adults at least twenty-one years of age;Establish the cannabis social equity and jobs program and require the Department of Development to certify program applicants based on social and economic disadvantage;
Require the Division to provide preferential treatment to applicants who have qualified for the cannabis social equity and jobs program based on social disadvantage when issuing level III adult-use cannabis cultivator licenses and dispensary licenses; Limit criminal liability for certain financial institutions that provide financial services to any lawful adult-use cannabis operator or testing laboratory licensed under the proposed law;
Provide for taxation of 10 percent on the sale of adult-use cannabis by dispensaries in addition to usual sales taxes and require that all monies collected from the 10 percent tax levied to be deposited into the adult-use tax fund and quarterly distributed as follows: 36 percent to the cannabis social equity and jobs fund; 36 percent to the host community cannabis facilities fund; 25 percent to the substance abuse and addiction fund; and three percent to the division of cannabis control and tax...
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