Marijuana Could Bring $60M to Colorado
The passage and enactment of a statewide marijuana ballot measure this fall could generate as much as $60 million in savings and revenue, according to a just published budgetary analysis prepared by the Colorado Center on Law & Policy.
Amendment 64, The Regulate Marijuana Like Alcohol Act of 2012, allows for the possession of up to one ounce of marijuana and/or the cultivation of up to six cannabis plants by those age 21 and over. Longer-term, the measure seeks to establish regulations governing the commercial production and distribution of marijuana by licensed retail outlets.
Source: Hawaii News Daily. Read full article. (link)
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