I support the decriminalizing of recreational cannabis with federal, state, and local governments regulation of the cannabis trade as they do with alcohol and tobacco.
The ballot proposal that will be on the November ballot will impose a 10% excise tax at the retail level as well as a 6% sales tax.
The estimated revenues are at least $100 million.
35% of that revenue will go to k-12 schools, 35% will go toward road funding.
The remaining 30% will go to communities and counties where cannabis businesses are located.
The proposal will allow communities to decide whether they will permit cannabis businesses.